Scott Robins & Philip Levine Lists 'Wynwood Easel' Site for $26M

Key Points

• $26M Listing: Nearly 1-acre shovel-ready site at 35-83 NW 27th St. hits the market.

• 203 Units Approved: Entitlements in place for a 5-story mixed-use project with 203 residential units and 15K SF of retail.

• Strategic Exit: Developers pivot from hotel plans amid market shifts, seeking buyers for the fully entitled site. 

Miami Beach developers Scott Robins and Philip Levine are marketing their Wynwood Easel development site for $26 million. The nearly 1-acre property at 35-83 NW 27th Street comes with full entitlements for a five-story mixed-use building. This move reflects a broader trend of developers reassessing projects amid changing market conditions.

Site Overview

• Location: 35-83 NW 27th Street, Miami, FL.

• Size: Approximately 39,386 SF (0.9 acres).

• Zoning: NRD-1 overlay, permitting up to 8 stories with bonuses.

• Entitlements: Approved for 203 residential units and 15,104 SF of ground-floor retail.

Project Details

• Design: By Arquitectonica, featuring a rooftop pool and 40-space garage.

• Amenities: Lobby lounge, coworking space, fitness center, and pet spa.

• Sustainability: Targeting LEED Silver certification. 

Market Context

The decision to sell aligns with a trend of developers listing entitled sites amid market uncertainties. Robins and Levine initially planned a hotel project but shifted focus due to market conditions.

The Wynwood Easel site presents a prime opportunity for developers seeking a shovel-ready project in Miami's vibrant arts district. With full entitlements and a strategic location, it stands out amid a market where ready-to-build sites are increasingly valuable.