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Wynwood NW 2nd Ave Mixed-Use Portfolio 3 Properties Offered at $25,800,000 in Miami, FL
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INVESTMENT HIGHLIGHTS
- Three-folio NNN income portfolio in Wynwood's core with T5-O zoning and below-market leases for future rent growth or repositioning.
- 2085 NW 2nd Avenue is a fully leased 6,250-square-foot retail hub occupied by a diverse and growing tenant mix of service providers and food vendors.
- Wynwood is a nationally recognized, iconic destination home to tech, retail, and lifestyle giants such as Amazon, Spotify, Atomic, and Live Nation.
- 2121 NW 2nd Avenue features 32,168 square feet of prime mixed-use space with high-performing tenants and an exclusive rooftop destination.
- 9,970-square-foot parcel at 172 NW 21st Street offers near-term redevelopment upside or strategic parking income from the surrounding businesses.
- Surrounded by over $3 billion in new development, the portfolio offers strong in-place cash flow and exceptional long-term appreciation potential.
EXECUTIVE SUMMARY
Acquire a core plus NNN income portfolio in Miami’s iconic Wynwood neighborhood, one of the fastest-growing urban destinations in the country. Encompassing three T5-O zoned folios across 2085–2121 NW 2nd Avenue, totaling nearly 42,400 square feet (2085 and 2121 NW 2nd Avenue) of leasable space and land, the offering provides a high-performing retail and office mix and a future development site. All assets benefit from below-market rents in one of Miami’s most creative and economically vibrant enclaves.
At 2121 NW 2nd Avenue, investors will find a three-story, 32,168-square-foot building with a rooftop and curated boutique office and destination retail mix. This flagship property is anchored by top-tier retail tenants, including Omakai Sushi, The Moon/Astra restaurant and rooftop lounge, and Babe Hot Pilates, alongside boutique office users like AXS Law Group and Miami Spaces, each contributing to Wynwood’s thriving lifestyle scene. The building serves as a cultural and commercial hub, making it a marquee asset within the portfolio.
Next door, 2085 NW 2nd Avenue is a single-level, 6,250-square-foot retail building that features a complementary tenant roster with Terra Energy, Fuwa Fuwa Japanese pancakes, and Mr. Cachapa Venezuelan street food. Rounding out the portfolio is 172 NW 21st Street, a 9,970-square-foot lot currently used for valet parking, a blank canvas for future vertical development. Together, the assets offer stable income and redevelopment potential amid Wynwood’s continued urban densification.
With more than $3 billion in new mixed-use investments transforming Wynwood into a magnet for international capital, creative commerce, and tourism, this portfolio is surrounded by national tenants such as Amazon, Spotify, and Live Nation. Bordered by Interstate 95, Downtown Miami, Midtown, and the Design District, and with unbeatable foot traffic, the location is second to none. Secure generational real estate in one of South Florida’s most dynamic and resilient submarkets.
At 2121 NW 2nd Avenue, investors will find a three-story, 32,168-square-foot building with a rooftop and curated boutique office and destination retail mix. This flagship property is anchored by top-tier retail tenants, including Omakai Sushi, The Moon/Astra restaurant and rooftop lounge, and Babe Hot Pilates, alongside boutique office users like AXS Law Group and Miami Spaces, each contributing to Wynwood’s thriving lifestyle scene. The building serves as a cultural and commercial hub, making it a marquee asset within the portfolio.
Next door, 2085 NW 2nd Avenue is a single-level, 6,250-square-foot retail building that features a complementary tenant roster with Terra Energy, Fuwa Fuwa Japanese pancakes, and Mr. Cachapa Venezuelan street food. Rounding out the portfolio is 172 NW 21st Street, a 9,970-square-foot lot currently used for valet parking, a blank canvas for future vertical development. Together, the assets offer stable income and redevelopment potential amid Wynwood’s continued urban densification.
With more than $3 billion in new mixed-use investments transforming Wynwood into a magnet for international capital, creative commerce, and tourism, this portfolio is surrounded by national tenants such as Amazon, Spotify, and Live Nation. Bordered by Interstate 95, Downtown Miami, Midtown, and the Design District, and with unbeatable foot traffic, the location is second to none. Secure generational real estate in one of South Florida’s most dynamic and resilient submarkets.
MATTERPORT 3D TOURS
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SALE FLYER
PROPERTY FACTS
| Price | $25,800,000 | Number of Properties | 3 |
| Price / SF | $790.97 / SF | Individually For Sale | 0 |
| Cap Rate | 6.96% | Total Building Size | 32,618 SF |
| Sale Type | Investment | Total Land Area | 0.66 AC |
| Status | Active |
| Price | $25,800,000 |
| Price / SF | $790.97 / SF |
| Cap Rate | 6.96% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 32,618 SF |
| Total Land Area | 0.66 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 172 NW 21st St, Miami, FL 33127 | Land | 0.23 AC | - | - |
| 2121 NW 2nd Ave, Miami, FL 33127 | Retail | 26,368 SF | 2016 | - |
| 2085 NW 2nd Ave, Miami, FL 33127 | Retail | 6,250 SF | 1945 | - |
SALE ADVISORS
SALE ADVISORS
Tony Arellano, Co-Founder & Managing Partner
With over a decade of brokerage experience in real estate investment, Tony Arellano is the Co-Founder and Managing Partner of DWNTWN Realty Advisors, where he specializes on value add real estate investment sales, infill urban development, and landlord representation for mixed use assets.
To date, Tony has completed over 2 billion dollars in total lease and sale transactions within the greater downtown Miami submarket, including over 500 commercial real estate lease and sales transactions throughout his career.
Prior to co-founding DWTNWN Realty Advisors, he served as the Executive Vice President of a local commercial real estate firm for over 11 years leading the firm's brokerage efforts.
In 2016, Tony served as President of CIASF, the largest local Real Estate organization, with a focus on data centric events. Additionally, he is the author of specialized neighborhood annual market reports such as the Wynwood Market Report & The Urban Market Report.
He has been named for the Commercial Observer Power 100 as one of Commercial Real Estate’s Most Powerful Players. Him and co-founder Devlin Marinoff have also been named for the Commercial Observer Power 30 List for South Florida.
To date, Tony has completed over 2 billion dollars in total lease and sale transactions within the greater downtown Miami submarket, including over 500 commercial real estate lease and sales transactions throughout his career.
Prior to co-founding DWTNWN Realty Advisors, he served as the Executive Vice President of a local commercial real estate firm for over 11 years leading the firm's brokerage efforts.
In 2016, Tony served as President of CIASF, the largest local Real Estate organization, with a focus on data centric events. Additionally, he is the author of specialized neighborhood annual market reports such as the Wynwood Market Report & The Urban Market Report.
He has been named for the Commercial Observer Power 100 as one of Commercial Real Estate’s Most Powerful Players. Him and co-founder Devlin Marinoff have also been named for the Commercial Observer Power 30 List for South Florida.
Devlin Marinoff, Co-Founder & Managing Director
Devlin Marinoff, Broker, Co-Founder, and Managing Partner of DWNTWN Realty Advisors, is one of the top commercial sales brokers in Miami. With a track record that speaks volumes, Devlin and his firm, DWNTWN Realty Advisors, have cemented their status as market leaders and the leading commercial brokerage firm in Miami, having successfully closed transactions exceeding $1 billion since their inception.
Devlin began his real estate career in New York City at Penn Capital Realty as a commercial sales broker, where he effectuated over $700 million in transactions. His experience extended over many asset classes that included hospitality sales and development, multi-family conversions, office buildings, retail centers, and industrial properties.
A native of New York, Devlin relocated to South Florida in 2008 and proceeded to found Whitehall Realty Group, a boutique investment and sales firm located in the heart of Miami. As the Managing Director of Whitehall, Devlin played a key role in establishing the firm into one of the top commercial brokerages in the sale of investment-grade properties. Under his leadership, the team achieved unprecedented success, earning recognition as a CoStar Power Broker in 2016 for Commercial Real Estate Investment Sales.
In 2018, Devlin partnered with commercial real estate expert Tony Arellano to create DWNTWN Realty Advisors, the leading commercial real estate brokerage firm in Miami, specializing in leasing, investment sales, creative solutions, and advisory services for emerging urban core markets. Their motto is "Density is DWNTWN's Destiny." Devlin and co-founder Tony Arellano have also been named for the Commercial Observer Power 30 List for South Florida.
Throughout his career, he has arranged the sale of over $3 billion of commercial real estate covering all asset classes.
Devlin began his real estate career in New York City at Penn Capital Realty as a commercial sales broker, where he effectuated over $700 million in transactions. His experience extended over many asset classes that included hospitality sales and development, multi-family conversions, office buildings, retail centers, and industrial properties.
A native of New York, Devlin relocated to South Florida in 2008 and proceeded to found Whitehall Realty Group, a boutique investment and sales firm located in the heart of Miami. As the Managing Director of Whitehall, Devlin played a key role in establishing the firm into one of the top commercial brokerages in the sale of investment-grade properties. Under his leadership, the team achieved unprecedented success, earning recognition as a CoStar Power Broker in 2016 for Commercial Real Estate Investment Sales.
In 2018, Devlin partnered with commercial real estate expert Tony Arellano to create DWNTWN Realty Advisors, the leading commercial real estate brokerage firm in Miami, specializing in leasing, investment sales, creative solutions, and advisory services for emerging urban core markets. Their motto is "Density is DWNTWN's Destiny." Devlin and co-founder Tony Arellano have also been named for the Commercial Observer Power 30 List for South Florida.
Throughout his career, he has arranged the sale of over $3 billion of commercial real estate covering all asset classes.
1 of 63
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
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Wynwood NW 2nd Ave Mixed-Use Portfolio
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