$5,500,000
San Juan Motel for Sale | Prime Little Havana Prime Commercial Real Estate Miami
Miami, Florida
Soft OfferWynwood Norte Development Site with 17-Unit By-Right Potential in Miami, FL
237 NW 33 ST, Miami, Florida 33127
$975,000
$868 / sq ft Listed 40 days ago
1,123 sqft
Building
5,000 sqft
Lot
1926
Built
17
Units
About this property
Wynwood Norte Development Site with 17-Unit By-Right Potential in Miami, FL is a multifamily for sale in Miami, Florida, listed at $975,000. Key details: year built 1926, building size 1,123 sqft, lot size 5,000 sqft, total units 17. Listed by Vicente Rodriguez of Fausto Commercial on LoopingCloud and last updated October 2, 2026.
Discover an outstanding investment and development opportunity at 237 NW 33rd Street in Miami's vibrant Wynwood Norte neighborhood. Situated on an approx. 5,000 sq ft parcel with existing improvements that provide interim rental income during pre-development, the property is zoned T4-R within NRD-2, allowing for 17 residential units by right across three stories. Additional height and density can be unlocked through qualifying workforce housing and the NRD-2 Public Benefits Program. A major asset for developers is the site's parking flexibility, requiring no off-street parking for qualifying structures under 20,000 sq ft to maximize building efficiency. Furthermore, this parcel serves as a strategic catalyst for a larger scale assemblage combining adjacent properties for a total of approx. 30,000 sq ft of land and up to 102 units by right. Located minutes from Wynwood, Midtown, the Design District, and Edgewater, this site presents a versatile strategy for both boutique builders and large-scale developers.
Key highlights
- Zoning Designation T4-R within NRD-2.
- Lot Size Approx. 5,000 sq ft.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Year Built
- 1926
- Building Size
- 1,123 sqft
- Lot Size
- 5,000 sqft
- Total Units
- 17
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Vacant investment property
Investment snapshot
$868
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $975,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- Property Type: Multifamily development site with existing interim income improvements.
- Zoning Designation: T4-R within NRD-2.
- Zoning Advantages: Eligibility for height and density bonuses through the NRD-2 Public Benefits Program.
Property Features
- Lot Size: Approx. 5,000 sq ft.
- Parking Flexibility: No off-street parking required for qualifying structures under 20,000 sq ft to maximize density.
- Interim Cash Flow: Existing improvements on-site generate income during the planning and pre-development phase.
- Urban Connectivity: Minutes away from premier shopping, dining, and cultural hubs including Wynwood and Edgewater.
Highlights
- Prime Location: Positioned in the heart of Wynwood Norte, Miami, FL, near Midtown and the Design District.
- Development Potential: 17 residential units by right across three stories (with upside via workforce housing).
- Assemblage Opportunity: Potential to expand up to approx. 30,000 sq ft of land and 102 units by right via adjacent parcels.
Location
Address as shown by the lister.
Get directionsAbout this area - Miami
- Population
- 27,796
- Housing units
- 9,681
- Land area
- 3.2 sq mi
- County
- Miami Dade
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Additional contacts
1 person to reach- Robin PerezLittle Haiti Specialist (786) 261-5393
Frequently asked questions
What is the asking price of Wynwood Norte Development Site with 17-Unit By-Right Potential in Miami, FL?
Wynwood Norte Development Site with 17-Unit By-Right Potential in Miami, FL is listed at $975,000. That works out to about $868 per square foot.
Where is Wynwood Norte Development Site with 17-Unit By-Right Potential in Miami, FL located?
The property is in 237 NW 33 ST, Miami, Florida 33127, Miami Dade County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 1,123 sqft. The lot is 5,000 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Vicente Rodriguez of Fausto Commercial listed this property. Use the Request Info button to send a message or call (305) 431-2258.
When was this listing published?
It was published on October 2, 2026 and last updated on October 2, 2026.
Listing information
- Listing ID
- CL-Florida-28672
- Published
- Oct 2, 2026
- Last updated
- Oct 2, 2026
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
More from Vicente Rodriguez
$3,000,000
Urban Core Land Development Opportunity at 528 NE 26th St – Edgewater, Miami, FL 33137
Miami, Florida
Soft Offer
Similar properties
$1,575,000
Commercial
Nov 5, 2026
4762 sqft
Multifamily
Duplex/Triplex/Fourplex
Prime 6 Unit Multifamily Property for Sale Infill Investment Opportunity in Little Havana, Miami, FL 33135
1619 NW 1st St Miami, Florida 33125
$1,200,000
Commercial
Nov 3, 2026
906 sqft
Multifamily
Duplex/Triplex/Fourplex
Prime Multifamily Duplex & Land Opportunity at 2170 2172 NW 2nd St Little Havana, Miami, FL
2170 NW 2ND ST Miami, Florida 33125
$775,000
Commercial
Oct 21, 2026
3190 sqft
Multifamily
Duplex/Triplex/Fourplex
Grapeland Heights Duplex | 3 Units on 7,500 SF Lot
1004 NW 33rd Ave Miami, Florida 33125
$1,900,000
Commercial
Oct 19, 2026
3679 sqft
Multifamily
Duplex/Triplex/Fourplex
Triplex Townhome-Style Multifamily Asset for Sale in Little Havana, Miami |Seller Financing Available
642 SW 10th Ave Miami, Florida 33130
