1027 NW 29th Street, Miami, FL 33127
- $1,495,000
- 1,165
- SqFt
- List Price
- $1,495,000
- Days on Market
- 1
- MLS#
- A12073294
- Sq. Ft
- 1,165
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Santa Clara Sub
- Year Built
- 1935
Property Description
Rare, fully-entitled development site on the fast-densifying western edge of Miami's Wynwood corridor. 1027 NW 29 Street is a ±10,687 SF T4-O parcel that is site-plan approved for an eight-story, mixed-use building with 50 residential units over ground-floor retail — designed by JCD Architect, Inc. with a lobby/leasing area, bike amenity, and a landscaped rooftop with a signature mural. With entitlements already secured, a buyer skips the longest and most uncertain phase of development and moves directly toward permitting and construction — a compelling basis at $1,450,000, roughly $29,000 per approved unit. The approved 120% AMI rent structure supports projected stabilized residential income of approximately $1.5M per year, and T4-O zoning allows a wide range of uses including multifamily, townhomes, live/work, retail, and mixed-use. Major upside: the adjacent lot at 2900 NW 10 Avenue is also for sale — an income-producing 4-plex on a ±13,500 SF corner — allowing a buyer to assemble ±24,187 SF and either phase two projects or combine the parcels to expand the development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access.
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Additional Information
- Construction
- Block, Frame, Stucco
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $11,440
- Utilities
- Cable Not Available
- Stories
- 1
- Price Per Sqft
- $1,283
- Elementary School
- Santa Clara
- Middle School
- Georgia Jones-Ayers
- High School
- Miami Jackson
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Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Miguel A Fuentes | Email: miguel.fuentes002@gmail.com