176 NW 28th St

Rare Wynwood condo-hotel development opportunity located steps from Wynwood Walls in one of Miami's most active pedestrian corridors. PCK Commercial presents a waiver-approved hospitality development site supporting a 120-key concept, totaling +-11,234 SF across three parcels with dual frontage on NW 27th and NW 28th Streets. The waiver package demonstrates an approximately 73,000 SF gross building program across 8 stories plus rooftop amenities, creating the opportunity for a lifestyle condo-hotel or hospitality residence project with STR flexibility. Zoned NRD-1 and backed by approved waivers--including a parking waiver in place through 2029--the site offers a streamlined path to deliver hospitality-driven residential product in the heart of Wynwood. Wynwood remains one of Miami's most supply-constrained hospitality markets with fewer than 500 hotel rooms serving more than 15M annual visitors annually, while new construction hospitality-residence projects in the neighborhood are currently asking approximately $900-$1,400+ PSF.