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Wynwood Flex with High Ceilings 2820-2824 NW 5th Ave 13,778 SF Vacant Retail Building Miami, FL 33127 $5,500,000 ($399.19/SF)
Investment Highlights
- SELLER FINANCING AVAILABLE AT BELOW MARKET RATE!
- Twin T Roof
- 18 Clear Ceilings
- Prime Wynwood Location on 5th Ave
Executive Summary
SELLER FINANCING AVAILABLE AT BELOW MARKET RATE: up to 80% LTV
Facing 5th ave and in the highly desirable Wynwood, this flex space offers a total of 13,000 sqft equally divided on 2 floors, with the 2nd floor boasting extra high 18 foot ceilings with twin T roof! Massive open space perfect for a gallery, showroom, restaurant, club, retail or hybrid. Both floors are fully air-conditioned with units less than 3 years old.
5th Ave is the future of Wynwood, with the Master Plan approved in 2020, 5th ave is expected to see a massive redesign take place making 5th Ave a main Miami corridor.
Facing 5th ave and in the highly desirable Wynwood, this flex space offers a total of 13,000 sqft equally divided on 2 floors, with the 2nd floor boasting extra high 18 foot ceilings with twin T roof! Massive open space perfect for a gallery, showroom, restaurant, club, retail or hybrid. Both floors are fully air-conditioned with units less than 3 years old.
5th Ave is the future of Wynwood, with the Master Plan approved in 2020, 5th ave is expected to see a massive redesign take place making 5th Ave a main Miami corridor.
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- Market Information
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
13,778 SF
Building Class
C
Year Built
1972
Price
$5,500,000
Price Per SF
$399.19
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.93
Lot Size
0.34 AC
Zoning
T5-0 - T5-O and within the Wynwood NRD overlay.
Parking
5 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
50’ on 5th Ave
Amenities
- Atrium
- Bus Line
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 6,889 SF
- Retail
- In-Line
- Now
- 2nd Floor
- 6,889 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,889 SF | Retail | In-Line | Now |
| 2nd Floor | 6,889 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 6,889 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 6,889 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-3125-024-2610 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,590,465 |
Property Taxes
Parcel Number
01-3125-024-2610
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,590,465
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Wynwood Flex with High Ceilings | 2820-2824 NW 5th Ave
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