Wynwood Commercial Property | 523-529 NW 28th St
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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.
This property can also be sold separately.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
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Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
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
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)
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £0 | Total Assessment | £2,800,275 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,800,275
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Wynwood Commercial Property | 523-529 NW 28th St
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