Watch 01
Supply pace. Wynwood added a lot of units quickly, so the absorption rate in the specific building is the number that matters.
MRG Pre-Construction / Market
Wynwood Pre-Construction
Wynwood is the arts district that grew up into a real residential neighborhood, with genuine new supply and a younger, design driven buyer.
Tracked Developments
8
Price Range
$360K - $3M
County
Miami-Dade County
The MRG Read
Wynwood started as galleries and murals and turned into one of the few Miami neighborhoods people actually want to walk around in. That walkability pulled in residential development fast, and now you have real new condo supply in a place that did not have any a decade ago.
The thing to understand about Wynwood is that it trades on lifestyle and creative energy, not waterfront. That is its strength and its ceiling. The buyer here wants the neighborhood, so the buildings that nail the live work play promise hold, and the ones that are just towers dropped into the zip code do not.
What to Watch
Watch 02
Short term rental rules. A meaningful part of the Wynwood buyer pool is investor and STR driven, so any change in the rules moves this market more than most.
Watch 03
Walkability of the exact location. Wynwood is small, and being inside the active core versus on the edge is a real value difference.
Active Developments in Wynwood
Pre-Construction
The Rider Residences Miami
$649K - $3M0-3 BR
Pre-Construction
NoMad Residences Wynwood
$600K - $2M0-2 BR
Pre-Construction
Twenty Sixth & 2nd Wynwood Residences
$540K - $2M0-1 BR
Pre-Construction
The Cloud One Hotel & Residences Wynwood
$490K - $2M0-3 BR
Pre-Construction
Frida Kahlo Wynwood Residences
$502K - $1.6M0-3 BR
Pre-Construction
DUOS Wynwood
$495K - $1.1M0-2 BR
Pre-Construction
Casa Wyn
From $360K0-1 BR
Pre-Construction
18 NW 23rd Street
0-3 BR