USD 3,950,000

97 NW 27th St
Miami, Florida 33127

For Sale

Property Description

While the property has a current multifamily building, an ideal development strategy at the Property would be to redevelop a flagship, single Tenant office building of 5 stories with retail on the ground floor maximizing frontage to both NW 27 st and NW 1 Ave. Since the Property is located in Wynwood’s most developed pocket, surrounded by multiple buildings with garages, an investor would be able to take advantage of the parking reduction program in Wynwood and buy out the entire parking needed effectively building no parking on site, while servicing future Tenants with the parking infrastructure in the Property’s neighboring projects.

Listed by Metro 1 Commercial

Property Details

ID #
A11165713
Status
Sale
Type
Commercial, Industrial
Zip Code
33127
Year Built
1937
Occupancy
Tenant Occupied
Type of Building
Apartments
Utilities
Internet
Zoning Information
6107
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

Similar Listings