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$8,000,000
Est. payment /mo
4,510 SqFt
UPDATED:
11/27/2024 09:24 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,510 sqft
Price per Sqft $1,773
MLS Listing ID A11684227
Style Detached
HOA Y/N No
Year Built 2017
Lot Size 0.250 Acres
Property Description
Opportunity in the heart of the high-demand Wynwood market. The value-add building presents a rare and unique opportunity to own a high-quality investment in one of the most popular districts Miami has to offer. Zoned T5-O, and encompassed within the NRD-1 overlay, this property carries future development potential up to eight (8) stories. The property is being sold at a current 5% CAP rate with an Internationally recognized AAA rated tenant. Between the dynamic location, the opportunity to own a highly covered piece of real state with a Class-A tenant with a great income, and the plethora of allowable uses this building presents unparalleled cashflow opportunities.
Location
State FL
County Miami-dade
Area 31
Building
Architectural Style Detached
Others
Tax ID 01-31-25-029-1320
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Listed by APEX Capital Realty LLC