1027 NW 29th Street, Miami, FL 33127 (MLS# A12073294)

1027 NW 29th Street, Miami, FL 33127

$1,495,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12073294

Property Type: Residential Income Square Footage: 1,401 Status: Active

Current Price: $1,495,000 List Date: 8/18/2026 Last Modified: 8/18/2026

Overview

Description

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 ... (Read more)

Listing Details MLS# A12073294

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1401
Living Area Main: 1165
Adjusted Area Main: 1210
Year Built: 1935
Parking Total: 8
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information Flooring: Tile Structure Type: Duplex Construction Materials: Block; Frame; Stucco Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash Possession: Close Of Escrow; Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Showing Requirements: 24 Hour Notice; Call Listing Agent Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 1495000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1027
Street Direction Prefix: NW
Street Name: 29th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3834
Postal Zip: 33127
Subdivision Name: SANTA CLARA SUB
Area: 2310
Elementary School: Santa Clara
Middle Or Junior School: Georgia Jones-Ayers
High School: Miami Jackson
Parcel Number: 0131260361190
Subdivision Number: 36
Zoning: 4801
Flood Zone: X

Financial Information

Tax Annual Amount: 11440
Tax Year: 2025
Tax Legal Description: SANTA CLARA SUB PB 6-110 LOTS 25 & 26 BLK 7 LOT SIZE 10687 SQUARE FEET OR 20494-0608 05 2000 4

Status Change Information

Major Change Timestamp: 2026-08-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-18

More Information

Income and Expenses

Gross Income: 4000

Unit 1 Details

Actual Rent: 2400
Baths Full: 2
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 1283.26

Section Details

Parcel Number MLX: 1190

Originating Details

Originating System Key: 554282122
Originating System ID: M00000151

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: August - 18 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.