1 / 28

1027 NW 29th St, Miami, FL 33127

$1,495,000 Beds Baths1,165 Sq. Ft.$1,283 / sq. ft.

Miami, FL 33127 · SANTA CLARA SUB

Status
Active
Type
Duplex
Year Built
1935
Days on Market
0
MLS #
A12073294

About This Home

Rare, fully-entitled development site on the fast-densifying western edge of Miami's Wynwood corridor. 1027 NW 29 Street is a ±10,687 SF T4-O parcel that is site-plan approved for an eight-story, mixed-use building with 50 residential units over ground-floor retail — designed by JCD Architect, Inc. with a lobby/leasing area, bike amenity, and a landscaped rooftop with a signature mural. With entitlements already secured, a buyer skips the longest and most uncertain phase of development and moves directly toward permitting and construction — a compelling basis at $1,450,000, roughly $29,000 per approved unit. The approved 120% AMI rent structure supports projected stabilized residential income of approximately $1.5M per year, and T4-O zoning allows a wide range of uses including multifamily, townhomes, live/work, retail, and mixed-use. Major upside: the adjacent lot at 2900 NW 10 Avenue is also for sale — an income-producing 4-plex on a ±13,500 SF corner — allowing a buyer to assemble ±24,187 SF and either phase two projects or combine the parcels to expand the development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access.

Property Details

Flooring
Tile
Heating
Central
Cooling
Central Air
Architectural Style
Attached

Building & Association

Building Name
SANTA CLARA SUB
Stories
1
Stories Total
1
Association
No

Lot & Construction

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block Construction, Frame With Stucco
Roof
Shingle
New Construction
No

Public Records

Parcel Number
01-31-26-036-1190
Tax Annual Amount
$11,440
Tax Year
2,025
Zoning
4801
County Or Parish
Miami-Dade County

Location

Courtesy of Fausto Commercial Realty Consultants Inc

Similar Homes in Miami