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1027 29th St, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33127
Subdivision:
SANTA CLARA SUB
Status:
Active
$1,495,000
Deemed reliable but not guaranteed.
Details
Year built:
1935
Levels:
One
Stories:
1
Parking:
8 spaces
Annual tax (2025):
$11,440
Type:
Duplex
MLS ID
A12073294
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
3059153492
Listing office email:
Listing agent:
Miguel Fuentes (3403804)
Features
Utilities
Available:
Cable Not Available
Sewer:
Public Sewer
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.
Location
1027 NW 29th StMiami, FL 33127
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MLS information
Last updated Aug 18, 2026
IDX information is provided exclusively for 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.
