Investor Alert: Covered Land Play in Wynwood Norte – No Parking Required
Rare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).
Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF, this property offers immediate flexibility as a covered land play—generate income while advancing plans, or move straight into redevelopment.
Positioned in one of Miami’s most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market.
Key Highlights:
4,465 SF lot in Wynwood Norte (NRD-2 overlay)
Up to 15 units by right
No parking required (sub-20,000 SF project)
Existing duplex for interim income
High-growth location near Wynwood, Midtown, and the Design District
A true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside.