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$1,800,000
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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.
Full Property Details
Full Property Details for 559 NW 34th St
General
- Price: $1,800,000
- Taxes: $22,352 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12031649
- Updated: 6/18/2026
- Added to Site: 35 day(s) ago
Location
- Area: Devonshire Park Sub
- County: Miami-Dade County
- Subdivision: DEVONSHIRE PARK SUB
- Building Name: DEVONSHIRE PARK SUB
Community
- Community Name: Devonshire Park Sub
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units), Other Usage, Other Style
Lot Features
- Lot Size (Acres): 0.164
- Lot Size (Sq. Ft.): 7,150
- Lot Dimensions: 40 x 143
- Frontage Feet: 40
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: Central Urban, Intensive Development, Open Land
- Zoning: 6101
Financial Considerations
- Tax Amount: $22,352
- Tax Year: 2025
Disclosures and Reports
- Legal Description: DEVONSHIRE PARK SUB PB 5-21 LOT 8 BLK 2 LOT SIZE 50.000 X 143
- Property ID: 01-31-25-020-0150
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 559 NW 34th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 559 NW 34th St
Date
Details
Price
Change
Source
6/01/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 559 NW 34th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,633
10%
$1,059,691
10%
2024
$19,679
96%
$963,356
—
2023
$10,035
69%
$960,515
139%
2021
$5,936
-16%
$402,581
-28%
2022
$7,028
18%
$559,182
58%
2021
$5,936
21%
$354,549
123%
2019
$4,913
20%
$158,734
10%
2018
$4,096
350%
$144,304
188%
2017
$911
1%
$50,142
2%
2016
$906
—
$49,111
1%
2015
$909
—
$48,770
1%
2014
$910
2%
$48,383
1%
2013
$893
—
$47,668
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 559 NW 34th St
559 NW 34th St, Miami, FL 33127 (MLS# A12031649) is a Commercial Land property with a lot size of 0.164 acres. 559 NW 34th St is currently listed for $1,800,000 and was received on June 01, 2026. Want to learn more about 559 NW 34th St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

