Development site for sale, in Wynwood’s northeast quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest growing sectors. The assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term rentals. Additionally, the property is ideally located along the avenue, which provides a development with ample retail frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential and garner premium rental rates.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.33 miles
Public District Grades PK-5
5
/10
Paul Laurence Dunbar K-8 Center
505 NW 20th St
Distance between this listing and this school0.59 miles
Public District Grades PK-5
4
/10
Bridgeprep Academy of Greater Miami
137 NE 19th St
Distance between this listing and this school0.61 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school0.50 miles
Public District Grades 6-8
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school0.82 miles
Public Charter Grades 6-9
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school1.71 miles
Public District Grades 6-8
Nearby Schools
7
/10
Miami Arts Charter
95 NW 23rd St
Distance between this listing and this school0.19 miles
Public Charter Grades 6-12
5
/10
Young Men's Preparatory Academy
3001 NW 2nd Ave
Distance between this listing and this school0.21 miles
Public Magnet Grades 6-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $22,381. The most common annual income of people living in Miami, FL is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Miami, FL
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Miami, FL?
Miami's housing market is vibrant and diverse, with a mix of luxurious high-rise condos, charming Art Deco apartments, and sprawling waterfront estates. Single-family homes, which make up a significant portion of the market, often showcase a blend of Mediterranean Revival and modern architectural styles. The city's homeownership rate is robust, with a substantial number of residents investing in property, while the remainder of the population opts for the flexibility of renting.
Is Miami, FL a good place to live?
Miami is celebrated for its dynamic cultural scene and lively atmosphere. The city prides itself on being a melting pot of cultures, which is reflected in its vibrant neighborhoods, each with its own unique flair. Annual events like the Calle Ocho Festival and Art Basel Miami Beach highlight the community's rich artistic heritage and diverse cultural identity.
Are things conveniently located in Miami, FL?
The community benefits from a well-rounded array of services, including a network of public and private schools that cater to a range of educational needs. Miami is home to several major hospitals, offering comprehensive healthcare services from emergency care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining options abound, featuring everything from high-end boutiques to local eateries that serve up a taste of Miami's diverse culinary landscape.
What does the transportation in Miami, FL look like?
Miami's transportation infrastructure is designed to accommodate both residents and visitors. The city offers a variety of public transit options, including the Metrorail, Metromover, and Metrobus systems, with schedules that cater to commuters and those traveling within the city. Ride-sharing services are readily available, enhancing mobility for those who prefer not to drive. The city is also focused on improving walkability and bikeability, particularly in areas like Downtown and Miami Beach. Major highways such as I-95 and the Dolphin Expressway facilitate travel in and out of the city, with ongoing projects aimed at enhancing traffic flow and reducing congestion.
Frequently Asked Questions About 2721 NW 1st Ave
What is the listing price of this property?
The listing price of 2721 NW 1st Ave property is $12,712,500.
What type of property is this?
The property 2721 NW 1st Ave is land located in Miami, Florida, 33127.
Is this property for sale now?
Active Listing: 2721 NW 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 2721 NW 1st Ave in Miami, FL and zip code 33127. This home sits on a 0.39 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $12,712,500.
In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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