$1,495,000

1027 NW 29TH ST, MIAMI, FL 33127

0 baths1,165 sq ft2 to 4 unitsBuilt 1935
Updated today, November 3, 2026

This home against Santa Clara

$1,283 per sq ft, 195% over the Santa Clara median
79 days on the market
$11,440 in property taxes (2025)

Santa Clara today: 36 homes for sale, median list price $622,500.

About this home

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.

Zoned schools

Elementary: Santa Clara Elementary School
Middle: Georgia Jones Ayers Middle School
High: Miami Jackson Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Moore Park, 0.5 mi
Grocery: Winn-Dixie, 1.2 mi

Distances from the center of Santa Clara, MIAMI.

Listing courtesy of Fausto Commercial Realty Consultants Inc. MLS# A12073294.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed August 16, 2026.

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