Commercial Sale · Income/MultiFamily
118 NW 35th St, Miami FL 33127, MIAMI, FL, 33127
Active34 days on marketListed Jul 7, 2026MLS #A12049366
About this property
The property at a glance
A truly rare opportunity in the heart of Miami's thriving Wynwood district. Situated at 118 NW 35th Street, this exceptional property is one of only FOUR parcels in all of Wynwood that directly adjoins the neighborhood's only public park—offering a unique combination of open green space, privacy, and long-term value that simply cannot be replicated. (seller financing available) The property's direct park frontage creates an unmatched setting for future development, investment, or a signature residential project. The offering includes the property along with a thoughtfully designed development concept for a four-story residential building featuring 19 studio and one-bedroom residences totaling approximately 14,045 interior square feet. The proposed project has been planned in accordance with the current Miami 21 zoning framework, (Live Local Act) Whether you're an experienced multifamily developer, private investor, or opportunity fund seeking a premier urban infill project, Park Place Wynwood delivers a unique combination of location, zoning, and vision. With development plans included in the sale, purchasers can benefit from a clear path toward creating a boutique residential asset in one of Miami's most sought-after neighborhoods. Currently theres a completely remodeled, 2/2 main house and a 1/1 apt producing monthly income. 1 year old roof and impact windows.
1,544
Building sq ft
$907
Price / sq ft
7,250
Lot sq ft
1925
Year built
3900
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$7,824/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
7,241
Population
$42,572
Median income
32
Median age
2
Avg household
$68,671
Median home value
$1,600/mo
Median rent
645
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 118 NW 35th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,050,000
1751 NW 29th St, Miami FL 33142
Sold Aug 19, 2024
$2,200,000
Nearby listing
Sold Aug 20, 2024
$895,000
7525 NE Miami Ct, Miami FL 33138
Sold Sep 5, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 118 NW 35th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 118 NW 35th St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Lifestyle International Realty · Francisco Zepeda Campos. MLS #A12049366.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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