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1730 NW 23rd St 22,241 SF Industrial Building Miami, FL 33142 $7,900,000 ($355.20/SF)

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EXECUTIVE SUMMARY

Prime flex/industrial opportunity in the heart of Allapattah. This 22,241 SF building on a 19,885 SF lot offers a versatile mix of warehouse, office, and showroom space ideal for value-add investors, owner-users, or creative redevelopment.
The facility features 18’2” clear height (22’ overall), 3 loading docks, and 2 oversized drive-ins (14’w x 14’h). Built of concrete block masonry with 300A power (phase to be verified), the property benefits from key upgrades including a permitted new roof (2015), 3 well-maintained HVAC systems, and a recently completed 40-Year Recertification. These enhancements reduce near-term capital expenditure risk and provide stability for both investors and end users.
Strategically zoned D1 and located within a federally designated Opportunity Zone, the property is positioned squarely in the path of growth and development transforming Allapattah. Once a traditional warehouse district, Allapattah is rapidly emerging as a cultural and commercial destination, anchored by institutions such as the Rubell Museum, Superblue, and El Espacio Twenty Three, and surrounded by major new multifamily and mixed-use projects. Its proximity to Wynwood, Downtown, and Brickell underscores its connectivity and long-term growth potential.

This is a rare opportunity to secure a well-maintained, functional asset in one of Miami’s most dynamic and evolving neighborhoods.

1730 NW 23 ST

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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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.