What it is
Florida Statutes §166.04151(7), a statewide framework for qualifying affordable multifamily and mixed-use development.
Miami, Florida · Four-Parcel Assemblage
Four Parcels. One Strategic Miami Opportunity.
3002, 3010 & 3014 NW 7th Avenue + 725 NW 30th Street Miami, Florida
Illustrative concept only. Not an approved project.
Regional Market Context
09.29
2026 closing
Mana Common reports that Ken Griffin acquired approximately 30 acres of its Wynwood assemblage for approximately $1.1 billion, closing September 29, 2026, as the site of a planned Carnegie Mellon University campus.
Read the market contextThe announcements are context only and do not establish this site’s value or development rights. They imply no affiliation.
The Assemblage
| Parcel | Address | Folio | Recorded land | Zoning |
|---|---|---|---|---|
| 3002 NW 7 Ave | 01-3126-005-0010 | 4,730 SF | T4-O | |
| 3010 NW 7 Ave | 01-3126-005-0020 | 3,720 SF | T4-O | |
| 3014 NW 7 Ave | 01-3126-005-0030 | 3,720 SF | T4-O | |
| 725 NW 30 St | 01-3126-005-0050 | 6,150 SF | T4-O | |
| Assemblage total | 18,320 SF | ≈ 0.42 acres | ||
Development Frameworks
Florida Statutes §166.04151(7), a statewide framework for qualifying affordable multifamily and mixed-use development.
The City lists T4-O as eligible. Qualifying projects reserve at least 40% of units at or below 120% AMI for 30 years; mixed-use projects must be at least 65% residential.
Height, density and use beyond local zoning, with administrative approval rather than rezoning. Height ties to the tallest allowed nearby; T6-24A-O exists within one mile.
City eligibility and height determinations, affordability compliance, nearby-height analysis, and airport review.
Incentives depend on project qualification and agency determinations. Not tax or legal advice.
“Wynwood-area” describes location and does not mean inclusion in a Wynwood NRD or entitlement to its regulations.
Development Paths
Question to answer
Does a smaller project pencil out under current rules?
Zoning from City GIS as of September 24, 2026. Not a zoning verification letter.
Transect Ladder
Incentive Checker
Flood zone: X (confirm with current determination)
Connected Miami
Locations approximate. Maps and parcel outlines are not surveys.
“Wynwood-area” describes location and does not mean inclusion in a Wynwood NRD or entitlement to its regulations.
Wynwood Timeline
A working district shaped by production, warehouses and trade.
Independent galleries and public art established a globally recognized creative identity.
Residential, hospitality, office and retail investment broadened the neighborhood's urban mix.
CMU campus construction anticipated 2027, with graduate students anticipated 2028, pending approvals.
Neighborhood context only; confers no zoning rights on this site.
Market Evidence
The Property Appraiser identifies this sale as a government-agency transaction. It may not reflect typical arm's-length pricing.
| Address | Sale date | Sale price | Recorded lot | Price / land SF | Zoning |
|---|---|---|---|---|---|
| 2797 NW 7 Ave | June 26, 2026 | $1,600,000 | 7,202 SF | $222.16 | D2 |
| 599 NW 33 St | June 11, 2026 | $1,200,000 | 6,540 SF | $183.49 | T5-O Wynwood Norte NRD-2 |
| 2900 NW 5 Ave | March 18, 2026 | $6,546,500 | 16,275 SF | $402.24 | T6-8-O Wynwood NRD-1Government-agency transaction; see caveat above. |
| 3314 NW 8 Ave | March 11, 2026 | $1,060,000 | 6,540 SF | $162.08 | T3-O |
Miami-Dade Property Appraiser. Price per land SF = sale price ÷ recorded lot size, including buildings.
Nearby sales differ in property type and terms and are not an appraisal. The Mana / CMU announcements are context and imply no affiliation.
Offering Access
Receive pricing and offering details, schedule a tour, or request access to private diligence materials.
Exclusive representation
Burke and Ltaif Realty Group
will.ltaif@gmail.com(phone coming soon)
All information is subject to independent verification. No representation is made as to entitlement, development capacity, tax treatment or environmental condition.