2920 NW 5th Ave - Loft/Creative Space FOR SALE


Miami, FL 33127- Wynwood
$14,900,000 USD
786-235-8330
2920 NW 5th Ave, Miami, FL for Sale
$14,900,000 USD
Loft/Creative Space - FOR SALE
1/28
null | Request Cap Rate

2920 NW 5th Ave
Miami, FL 33127
Wynwood


HIGHLIGHTS

  • Class A Creative Mixed-Use Wynwood Building
  • Creative Office and Retail Spaces with Gated On-Site Parking
  • Steps from Central Wynwood Including Pastis, Zak the Baker & NW 2nd Ave

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 2920 NW 5th Avenue, a fully renovated mixed-use building located in the heart of Wynwood. This 19,567 SF asset features a blend of office and retail suites with modern creative buildouts, gated parking, and prominent frontage along NW 5th Avenue. Positioned just steps from Wynwood’s main pedestrian corridors and some of Miami’s top dining and retail concepts, the property offers investors the opportunity to acquire a stabilized cash-flowing building in one of the country’s most dynamic urban submarkets. With tenants in place and strong leasing momentum, this asset is ideal for a long-term hold or a covered land play for future redevelopment. This asset will produce strong rental rate growth and provide substantial upside to cashflow as the rent roll matures.

FOR SALE DETAILS

PRICE

$14,900,000 USD

PRICE/SF

$616 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Wynwood Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,610 SF

ZONING

T6-8 O

APN/PARCEL ID

01-3125-024-1870,01-3125-024-1871,01-3125-024-1890

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 Policy.