1730 NW 23rd St - Service FOR SALE


Miami, FL 33142- Allapattah
$7,900,000 USD
786-690-7500
1730 NW 23rd St, Miami, FL for Sale
$7,900,000 USD
Service - FOR SALE
1/24
null | Request Cap Rate

1730 NW 23rd St
Miami, FL 33142
Allapattah


OVERVIEW

Prime flex/industrial opportunity in the heart of Allapattah. This 22,241 SF building on a 19,885 SF lot offers a versatile mix of warehouse, office, and showroom space ideal for value-add investors, owner-users, or creative redevelopment. The facility features 18’2” clear height (22’ overall), 3 loading docks, and 2 oversized drive-ins (14’w x 14’h). Built of concrete block masonry with 300A power (phase to be verified), the property benefits from key upgrades including a permitted new roof (2015), 3 well-maintained HVAC systems, and a recently completed 40-Year Recertification. These enhancements reduce near-term capital expenditure risk and provide stability for both investors and end users. Strategically zoned D1 and located within a federally designated Opportunity Zone, the property is positioned squarely in the path of growth and development transforming Allapattah. Once a traditional warehouse district, Allapattah is rapidly emerging as a cultural and commercial destination, anchored by institutions such as the Rubell Museum, Superblue, and El Espacio Twenty Three, and surrounded by major new multifamily and mixed-use projects. Its proximity to Wynwood, Downtown, and Brickell underscores its connectivity and long-term growth potential. This is a rare opportunity to secure a well-maintained, functional asset in one of Miami’s most dynamic and evolving neighborhoods.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

18.166666666666668 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53

LAND SF

23,087

ZONING

D1- Workplace District Zo

APN/PARCEL ID

01-3127-039-0051

ASK ABOUT THIS PROPERTY

Andres NavaMetro 1 CommercialMore Info
786-690-7500

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Andres NavaMetro 1 CommercialMore Info
786-690-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.