138 25Th StMiami, FL 33127

Property Details for 138 25Th St

Year built

2002

Construction

CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

3,948 SF

Zone code

6101

Property type

Industrial properties

Property subtype

Other warehouses

APN

01-3125-036-0150

APU

131250360150

Description

This vacant, 3,948-square-foot freestanding building sits on a 7,000-square-foot lot in Miami's Wynwood neighborhood at 138 NW 25th Street, zip code 33127. Zoned Wynwood NRD-1 T-5-O, it offers significant development potential. The property allows for the construction of an eight-story building, potentially accommodating approximately 36 multi-family units or 72 hotel rooms. Further density and height increases may be achievable under the Live Local Act. Its prime location, just off NW 2nd Avenue, places it steps from the Wynwood Walls and Panther Coffee, surrounded by thriving residential and commercial development. The building's current configuration is suitable for adaptive reuse as retail space with outdoor seating or office space. This presents an exceptional opportunity for owner-users, developers, or investors seeking a high-growth area with substantial development potential. The property is situated between two recently completed large multi-family developments, adding to its desirability. Wynwood's current development boom includes 28 projects totaling 3,227 residential units, 192 hotel rooms, 662,000 square feet of office space, and 361,000 square feet of retail space. The asking price is $6,500,000.

• Alternative Use

  Use

  Valuation

  Residential

  $3,901,579

  Hospitality

  $3,573,825

  Educational

  $2,973,380

  Medical

  $3,075,640

  Retail

  $4,625,258

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8005

Longitude

-80.1979

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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