Share This Listing

Message

923 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Design District Free-Standing Building 245 NE 37th St 7,132 SF Office Building Miami, FL 33137 $17,500,000 ($2,453.73/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Free Standing Miami Design District Building
  • Transit Oriented Infill Development Site

EXECUTIVE SUMMARY

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 245 NE 37th Street, a rare Design District offering featuring a fully renovated creative studio building with exceptional optionality and long-term redevelopment potential. Situated at the convergence of the Miami Design District, Midtown, and Wynwood, the property delivers irreplaceable positioning in one of Miami’s most supply-constrained and highest-growth commercial corridors. The existing improvements — thoughtfully reimagined by Oppenheim Architecture — provide a turn-key creative environment ideal for luxury brands, design firms, content creators, or showroom operators seeking immediate presence in Miami’s most influential commercial district. With high ceilings, multiple studio bays, conference and production areas, and premium design elements throughout, the asset offers both functional usability and architectural distinction. Beyond its current use, the property sits on a uniquely efficient site with flexible zoning and significant development upside, supported by the surrounding wave of mixed-use, residential, and commercial projects reshaping the area. Investors benefit from multiple exit strategies: occupy, lease and hold, or pursue future redevelopment in a submarket where land values continue to accelerate and institutional demand remains strong. This is an exceptionally scarce opportunity to acquire a boutique Design District asset with immediate utility, brand-elevating architecture, and long-term value creation potential in one of the most dynamic urban markets in the United States.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,132 SF
Building Class
B
Year Built
1951
Price
$17,500,000
Price Per SF
$2,453.73
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,566 SF
Building FAR
0.86
Lot Size
0.19 AC
Zoning
T6-12-O
Parking
14 Spaces (1.96 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3219-045-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,933,560
  • Listing ID: 38829497

  • Date on Market: 12/19/2025

  • Last Updated:

  • Address: 245 NE 37th St, Miami, FL 33137

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}