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559 NW 34th Street, Miami, FL 33127

Miami, FL, 33127 · DEVONSHIRE PARK SUB

$1,800,000

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About this home

Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport.The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery.The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom.Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment.Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.

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Listing courtesy of Fausto Commercial Realty Consultants Inc · Martina Smolakova

Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-06-18