523 NW 28th St Miami, FL 33127
Wynwood NeighborhoodEstimated payment $17,134/month
Total Views
2,927
0.16
Acre
$15,625,000
Price per Acre
6,850
Sq Ft Lot
About This Lot
Located in the heart of Wynwood’s dynamic 5th Avenue quadrant, this vacant 6,850 square foot lot offers a prime development opportunity in one of Miami’s most vibrant commercial districts. With its spacious layout and strategic position, this site is ideally suited for various potential uses, including office, retail, mixed-use, or hospitality projects. Additionally, the zoning is part of the Wynwood NRD overlay and grants developers various incentives for development purposes.
This 6,850-square-foot lot represents a unique chance to acquire valuable land in one of Miami’s most sought-after markets, with the flexibility to develop a standout property capitalizing on Wynwood’s growth and energy.
Property Details
Property Type
- Land
Est. Annual Taxes
- $38,176
Year Built
- 1968
Lot Details
- 6,850 Sq Ft Lot
- Lot Dimensions are 47x134
- Property is zoned 7000
Community Details
- No Home Owners Association
- 523 Nw 28Th St Condos
- 523 Nw 28Th St Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-024-2770
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $32,314 | $1,637,751 | -- | -- |
| 2023 | $32,314 | $1,488,865 | $1,438,500 | $50,365 |
| 2022 | $29,282 | $1,420,410 | $1,370,000 | $50,410 |
| 2021 | $15,229 | $372,893 | $0 | $0 |
| 2020 | $14,893 | $1,415,305 | $1,370,000 | $45,305 |
| 2019 | $12,032 | $1,071,119 | $1,027,500 | $43,619 |
| 2018 | $11,199 | $1,071,891 | $1,027,500 | $44,391 |
| 2017 | $11,116 | $254,692 | $0 | $0 |
| 2016 | $10,202 | $231,539 | $0 | $0 |
| 2015 | $5,216 | $210,490 | $0 | $0 |
| 2014 | $4,340 | $191,355 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | For Sale | $2,500,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $3,800,000 | Union Title Services Inc | |
| Warranty Deed | $15,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,850,000 | Commercial |
Source: Public Records
Similar Properties in Miami, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11696326
APN: 01-3125-024-2770
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