128 NW 25th St

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 128 NW 25th Street in Miami, FL. The subject property is a freestanding building spanning 4,894 SF on a 7,000 SF lot. It is located just off NW 2nd Avenue, one of Wynwood’s main corridors, and is steps away from the Wynwood Walls and Panther Coffee. The property offers an excellent adaptive re-use opportunity to create a retail concept with outdoor seating or to be utilized as office space. Under traditional Wynwood NRD-1 zoning, the property allows for the development of up to 8 stories and approximately 36 multi-family units or 72 hotel rooms. Additionally, if upzoned under the Live Local Act, there is potential for greater development heights and density. The property is strategically positioned between Society, a recently completed 318-unit building, and AMLI with 316 units. Wynwood currently has 28 development projects in progress, totaling 3,227 residential units, 192 hotel rooms, 662k SF of office space, and 361k SF of retail space.