Home for Sale
$1,150,000
2,624 sqft
416 NW 58th Ave, Miami, FL 33126
WEST FLAGLER PK
Miami, FL 33127 · MLS# A12073294 · Active · SANTA CLARA SUB
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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
1027 NW 29th St, Miami, FL 33127 · See all Miami homes for sale
Home for Sale
$1,150,000
2,624 sqft
WEST FLAGLER PK
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1027 NW 29th St is a multi-family home for sale in Miami, FL 33127. This property was listed for sale on August 18, 2026 by Fausto Commercial Realty Consultants Inc, it's currently listed at $1,495,000. This listing's school district is Miami-Dade County Public Schools. 1027 NW 29th St is a 1,165 sqft multi-family home built in 1935.