280 NW 33rd St, Miami FL 33127 | Miami-Dade County | A12050754

280 NW 33rd St, Miami FL 33127

Active Residential Income

$2,900,000

6 More

2105 Sq Ft
Area Size

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Active Residential Income

280 NW 33rd St, Miami FL 33127 | Miami-Dade County | A12050754

280 NW 33rd St, Miami FL 33127

$2,900,000

Description

Exceptional investment and development opportunity in Wynwood Norte. This prominent 12,776 SF corner lot combines immediate income from a legal, stabilized 4-unit property with compelling future development potential. Zoned T4-R NRD-2, the site may allow up to 4 stories and approximately 40 residential units, or a potential mix of residential and commercial uses, subject to applicable regulations and buyer due diligence. An ideal opportunity to generate rental income while positioning for future redevelopment in one of Miami’s most dynamic and evolving neighborhoods, surrounded by continued investment and residential growth. The property’s corner location, substantial lot size and current income stream create a unique opportunity for developers and investors seeking flexibility, visibility and long-term upside. Located near major employment, dining, entertainment and cultural destinations, the site benefits from the continued transformation of the greater Wynwood area and strong demand for urban living. Its strategic location offers excellent connectivity to Downtown Miami, the Design District, Midtown and major transportation corridors, enhancing its appeal for future development. This is a rare chance to secure a sizable corner parcel in a high-growth urban neighborhood while benefiting from in-place income today. Detailed rent roll and expense information is available in the attached flyer. Drive by only; please respect tenant privacy and do not disturb occupants.

Property Overview

This is a rare and compelling opportunity in the heart of Wynwood Norte, where the property at 280 NW 33rd Street is positioned for both current income and long-term growth. The site features a legal, stabilized 4-unit quadruplex with a total living area of 2,105 square feet, offering immediate rental revenue. The building, constructed in 1946, sits on a large 12,776 square foot corner lot, which provides not only space for the existing structure but also room for future development. Zoned T4-R NRD-2, the property may allow for up to four stories and approximately 40 residential units, or a mix of residential and commercial uses, pending applicable regulations and buyer due diligence. This zoning flexibility makes it especially attractive to developers and investors who are looking for a project with both visibility and potential. The corner location enhances its appeal, offering strong curb presence and accessibility in a neighborhood undergoing continued transformation. The site is well-positioned near key employment hubs, dining, entertainment, and cultural attractions. With the ongoing investment and residential growth in Wynwood, this property benefits from a strong market and demand. The combination of current income, zoning potential, and proximity to major amenities makes it a strategic choice for those seeking a long-term, flexible real estate opportunity. For more details about the property’s current condition or income stream, reach out directly at 305-859-4733.

Frequently Asked Questions

What type of property is located at 280 NW 33rd St in Miami?

It is a quadruplex, a four-unit residential property.

What is the total size of the property, and what is the zoning classification?

The property sits on a 12,776 square foot lot and is zoned T4-R NRD-2, which may allow up to four stories and a mix of residential and commercial uses, subject to applicable regulations and due diligence.

What is the asking price for the property, and what potential does it offer?

The asking price is $2,900,000. The property offers immediate income from the existing four-unit building and potential for redevelopment in a high-growth area.

Is this property currently generating income?

Yes, the property is a legal and stabilized four-unit rental, generating current income for the owner.

What are the location advantages of this property?

The property is located in Wynwood Norte, a dynamic and evolving neighborhood with proximity to major employment, dining, entertainment, and cultural destinations.