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INVESTMENT HIGHLIGHTS
- Prime location in Miami’s Allapattah arts and cultural district
- Surrounded by major attractions including Rubell Museum and SuperBlue
- Exceptional investment potential in a rapidly growing submarket
- 18-foot clear ceilings and three loading docks for operational efficiency
- Steps from renowned dining and entertainment venues
- Convenient access to I-95 and Miami’s urban core
EXECUTIVE SUMMARY
Positioned in the heart of Miami’s dynamic Allapattah neighborhood, 1730 NW 23 Street represents a rare opportunity to acquire a flex warehouse asset in one of the city’s most transformative districts. This property offers 22,241 square feet of interior space on a 19,885-square-foot lot, complemented by 18-foot clear ceilings and three loading docks for efficient operations. Zoned D1, the site is ideal for creative industrial, showroom, or adaptive reuse concepts.
Allapattah has emerged as a cultural and commercial hotspot, attracting world-class institutions and developers. The Rubell Museum, SuperBlue experiential art center, and El Espacio Twenty Three have established the area as a premier arts destination, while acclaimed dining venues like Hometown Barbecue draw consistent foot traffic. Residential growth is accelerating with major multifamily projects such as No.17 Residences and The Julia, adding hundreds of units and fueling demand for retail and creative spaces.
The property’s strategic location offers seamless connectivity to I-95, Wynwood, and Downtown Miami, making it an ideal hub for businesses seeking proximity to Miami’s urban core. With its combination of functional warehouse features and cultural surroundings, this asset provides investors with a unique opportunity to capitalize on Allapattah’s ongoing evolution and strong market fundamentals.
Allapattah has emerged as a cultural and commercial hotspot, attracting world-class institutions and developers. The Rubell Museum, SuperBlue experiential art center, and El Espacio Twenty Three have established the area as a premier arts destination, while acclaimed dining venues like Hometown Barbecue draw consistent foot traffic. Residential growth is accelerating with major multifamily projects such as No.17 Residences and The Julia, adding hundreds of units and fueling demand for retail and creative spaces.
The property’s strategic location offers seamless connectivity to I-95, Wynwood, and Downtown Miami, making it an ideal hub for businesses seeking proximity to Miami’s urban core. With its combination of functional warehouse features and cultural surroundings, this asset provides investors with a unique opportunity to capitalize on Allapattah’s ongoing evolution and strong market fundamentals.
PROPERTY FACTS
| Price | $7,900,000 | No. Stories | 1 |
| Price Per SF | $355.20 | Year Built | 1954 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 18’2” |
| Property Subtype | Service | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.53 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 22,241 SF | ||
| Zoning | D1- Workplace District Zo - The D1-Workplace District zoning in the City of Miami is a designation intended to support a variety of business and industrial uses. | ||
| Price | $7,900,000 |
| Price Per SF | $355.20 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.53 AC |
| Rentable Building Area | 22,241 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Tenancy | Single |
| Clear Ceiling Height | 18’2” |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | D1- Workplace District Zo - The D1-Workplace District zoning in the City of Miami is a designation intended to support a variety of business and industrial uses. |
AMENITIES
- 24 Hour Access
UTILITIES
- Lighting
- Water
- Sewer
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 01-3127-039-0051 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $926,208 |
PROPERTY TAXES
Parcel Number
01-3127-039-0051
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$926,208
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1730 NW 23rd St
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