Compass Commercial presents the Wynwood Hotel Development Site, an entitled boutique hospitality opportunity in the heart of Miami’s Wynwood Arts District. This ±11,234 SF three-parcel assemblage offers rare dual-street frontage on NW 27th and 28th Streets, directly beside Wynwood Walls, a global landmark attracting over 3 million visitors annually. Current entitlements include 48 lodging units and 12 dwelling units under an apartment-hotel designation, with flexibility to expand into a 120-key boutique hotel concept featuring short-term rentals, curated food and beverage, retail, and rooftop entertainment. With fewer than 500 hotel rooms serving more than 15M annual visitors, the property offers unmatched visibility, strong hospitality fundamentals, and long-term value under NRD-1 zoning.
176 NW 28th St, Miami, FL, 33127
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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