245 NE 37th St - Loft/Creative Space FOR SALE


Miami, FL 33137- Miami Design District
$17,500,000 USD
786-235-8330
245 NE 37th St, Miami, FL for Sale
$17,500,000 USD
Loft/Creative Space - FOR SALE
1/30
null | Request Cap Rate

NEW



HIGHLIGHTS

  • Free Standing Miami Design District Building
  • Transit Oriented Infill Development Site

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 245 NE 37th Street, a rare Design District offering featuring a fully renovated creative studio building with exceptional optionality and long-term redevelopment potential. Situated at the convergence of the Miami Design District, Midtown, and Wynwood, the property delivers irreplaceable positioning in one of Miami’s most supply-constrained and highest-growth commercial corridors. The existing improvements — thoughtfully reimagined by Oppenheim Architecture — provide a turn-key creative environment ideal for luxury brands, design firms, content creators, or showroom operators seeking immediate presence in Miami’s most influential commercial district. With high ceilings, multiple studio bays, conference and production areas, and premium design elements throughout, the asset offers both functional usability and architectural distinction. Beyond its current use, the property sits on a uniquely efficient site with flexible zoning and significant development upside, supported by the surrounding wave of mixed-use, residential, and commercial projects reshaping the area. Investors benefit from multiple exit strategies: occupy, lease and hold, or pursue future redevelopment in a submarket where land values continue to accelerate and institutional demand remains strong. This is an exceptionally scarce opportunity to acquire a boutique Design District asset with immediate utility, brand-elevating architecture, and long-term value creation potential in one of the most dynamic urban markets in the United States.

FOR SALE DETAILS

PRICE

$17,500,000 USD

PRICE/SF

$2,430 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Design District Free-Standing Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,284 SF

ZONING

T6-12-O

APN/PARCEL ID

01-3219-045-0020

ASK ABOUT THIS PROPERTY

Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-235-8330

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Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-235-8330

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