1027 NW 29th St Miami, FL $ 1,495,000
1027 NW 29th St
$ 1,495,000
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1027 NW 29th St

Miami, FL, 33127
$ 1,495,000
Bedrooms3 Baths2.0 Sq 1,165

Monthly Estimate*

$ 9,440

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Multi-Family Home for sale in Miami, FL

for $1,495,000 with 3 bedrooms and 2 full baths. This 1,165 square foot home was built in 1935.

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.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,440

Style

Year Built

1935

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12073294

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Not Available
Possession Closing & Funding Close Of Escrow
Roof Shingle
Pool Features None
Construction Materials Block Frame Stucco
Year Built 1935
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name SANTA CLARA SUB
Rent Includes None
Full Baths 2
Status Active
City Miami
Zoning Description 4801
Number Of Units Total 1
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash
Year Built Details Effective Year Built
Tax Annual Amount 11440
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073294
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description SANTA CLARA SUB PB 6-110 LOTS 25 & 26 BLK 7 LOT SIZE 10687 SQUARE FEET OR 20494-0608 05 2000 4
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 3
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 8
Building Area Total 1401
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

miguel.fuentes002@gmail.com

Email

Affordability Calculator

$10,393
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,440
Monthly Property Taxes
$953
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
8/18/2026 $1,495,000 Listed Price

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1027 NW 29th St, Miami, FL, 33127 is a Multi-Family Home for sale at $1,495,000 with 1,165 sqft. 1027 NW 29th St has 3 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 33127 which is in Miami, FL