Looking for principals - Wynwood Boutique Development Site - Motivated Seller

[Alain Pierre Crego]

Greetings everyone,

I'm excited to introduce a remarkable opportunity: the chance to acquire a premier development site. Nestled within two lots, this property features two existing residential buildings and is ideally located just blocks away from both Midtown and the vibrant Wynwood Art District. Surrounding this locale are upscale retailers, acclaimed restaurants, trendy bars, captivating galleries, and much more.

Benefiting from high-density zoning, this site allows for an impressive 150 units per net acre (equating to 34 buildable units), with a permissible height of five stories by right. Moreover, an additional story is available through a bonus, presenting even greater potential for the end user.  The demand for residential units in this area is notably high, ensuring promising prospects for development.

What sets this opportunity apart is the existing rental income generated by the properties on-site, which can provide valuable support throughout the entitlement process. Very motivated seller.

For pricing guidance and further details, please don't hesitate to reach out. Let's explore how this exceptional offering can align with your investment goals.

Best regards,