Devonshire Park Sub

Highlights:

• Lot Features: City Location, Less Than 1 Acre

Description:

Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport.

The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery.

The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom.

Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment.

Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.

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Listing ID: A12031649