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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12063858
$1,800,000

559 NW 34th Street, Miami, FL 33127

Beds
—
Baths
0
Sqft
—
Est. payment$12,102/mo
Home type
Unimproved Land
Year built
—
Lot size
6,970 sqft
Price / sqft
—
HOA
$0/mo
Community
DEVONSHIRE PARK SUB

Property 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.

Listing activity

Days on market
52
Listed
Aug 2, 2026
MLS listing updated
Sep 9, 2026
Feed last checked
9 minutes ago

Listed by Martina Smolakova · Fausto Commercial Realty Consultants Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Other structures
None
Waterfront property
No

Lot

Lot size
6,970 sqft
Lot size (acres)
0.16 acres
Lot dimensions
7150
Lot features
Other
Zoning
6101
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
South
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
DEVONSHIRE PARK SUB
MLS area
2310

Association

Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33127
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12063858
Possession
Close Of Escrow
Original list price
$1,800,000
Parcel number
0131250200150
Annual property tax
$22,352
Tax year
2025
Tax legal description
DEVONSHIRE PARK SUB PB 5-21 LOT 8 BLK 2 LOT SIZE 50.000 X 143
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Miami-Dade
Days On Market
52
Direction Faces
South
Elementary School
Eneida Massas Hartner
High School
Booker T. Washington
List Price
1800000
Listing Contract Date
2026-08-02
Lot Size Acres
0.16
Lot Size Dimensions
7150
MLSArea Major
2310
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-08-02
Photos Count
8
Postal Code
33127
Price Change Timestamp
2026-09-09T23:24:22Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-02T04:00:00Z
Subdivision Name
DEVONSHIRE PARK SUB
Tax Annual Amount
22352
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 2, 2026ListedMIAMI REALTORS® MLS$1,800,000

Public tax history

YearProperty taxesAssessment
2025$22,352—

Payment calculator

Estimated monthly payment$12,102/moIllustrative estimate, not a loan offer.
Principal & interest
$9,340
Property taxes
$1,863
Insurance
$900
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

DEVONSHIRE PARK SUB

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Eneida Massas HartnerElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Fausto Commercial Realty Consultants Inc. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.