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727 NW 29th St

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Miami, FL 33127
$6,995,000
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  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property Description

PRESENTING A 0.90-ACRE COVERED OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH'S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR. With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike. The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site's location in an opportunity zone with Live Local eligibility. Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami's urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.

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    727 NW 29th St, Miami, FL 33127

    Property Stats

    Active Status

    PRESENTING A 0.90-ACRE COVERED OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH'S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR. With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike. The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site's location in an opportunity zone with Live Local eligibility. Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami's urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.

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      Listing Courtesy of The Alpha Commercial Advisors LLC

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is 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. Information is deemed reliable but not guaranteed.

      Miami-JTHS data last updated at April 5, 2026, 10:57 PM ET

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