For Sale
$5,500,000

128 25Th StMiami, FL 33127

Prime Wynwood location, development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This vacant, 4,894-square-foot freestanding building sits on a 7,000-square-foot lot in the heart of Miami's Wynwood neighborhood. Located just off NW 2nd Avenue, it's steps from the Wynwood Walls and Panther Coffee, offering exceptional visibility and access to the area's vibrant arts and culture scene. Currently zoned T-5-O, this property presents a compelling investment opportunity for owner-users or developers seeking adaptive reuse or new construction. The existing structure allows for the creation of a retail space with outdoor seating or office space. Under traditional zoning, development of up to eight stories is permitted, potentially yielding approximately 36 multi-family units or 72 hotel rooms. Further development potential exists under the Live Local Act, allowing for increased height and density. The property's strategic location between recently completed large residential developments underscores its strong potential for future growth within Wynwood's dynamic real estate market. This is a rare chance to acquire a free-standing property in a core Wynwood location, surrounded by significant ongoing development projects totaling thousands of residential units, hotel rooms, office, and retail space. The asking price is $5,500,000. The property is offered as a ground lease.

Highlights

  • Free-standing building in a prime Wynwood location.
  • 4,894 SF building on a 7,000 SF lot, ideal for infill development or adaptive reuse.
  • Located near NW 2nd Ave, Wynwood Walls, and Panther Coffee.
  • Excellent opportunity for investors, developers, or owner-users.

Property Details for 128 25Th St

Property type
Warehouses, Retail properties
Square Feet
4,894 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.800519
Longitude
-80.197791
128 25Th St, Miami, Florida

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128 25Th St
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