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Wynwood Commercial Property 523-529 NW 28th St

8,222 SF Office Building Miami, FL 33127 £4,970,700 (£605/SF)

Investment Highlights

  • Highly efficient commercial building ideal for office, showroom, or F&B venue.
  • Outdoor Area
  • Future development opportunities
  • Gated on-site parking
  • No columns & high ceilings

Executive Summary

Wynwood commercial property for sale in one of the neighborhood's most dynamic corridors. The subject property is located in Wynwood's 5th Avenue quadrant and offers investors the opportunity to acquire a highly efficient building with on-site private parking. The property can easily be readapted to house a state-of-the-art office, showroom, or Food and beverage venue. The property features a rare opportunity to acquire a free-standing commercial building and an abutting vacant land parcel that has been improved to provide on-site gated parking. Alternatively, from a development perspective, the site sits within Wynwood's NRD zoning overlay, allowing for the development of Office and other Commercial uses while taking advantage of many of the NRD's benefits and concessions. The property also boasts an excellent location, close to Downtown Miami, Edgewater, Midtown, and the Design District. Additionally, its location offers immediate access to major transportation arteries and public transportation. Overall, this property presents an exciting opportunity for users or developers looking to enter the Wynwood market and want to take advantage of the area's thriving economic environment.

This property can also be sold separately.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,222 SF
Building Class
B
Year Built
1968
Price
£4,970,700
Price Per SF
£605
Tenancy
Single
Number of Floors
1
Typical Floor Size
7,960 SF
Building FAR
0.56
Land Acres
0.34 AC
Zoning
D1 - General Commercial
Parking
30 Spaces (3.77 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3125-024-2770
  • 01-3125-024-2760
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,800,275
  • Listing ID: 32888846

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 523-529 NW 28th St, Miami, FL 33127

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