This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood's Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood's SE Quadrant. Several significant new projects such as CIM Group's Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global's fashionable Arlo Hotel, are located within only a block or two of the property. Current tenants in place-
| MLS # | A11317463 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 1349 |
| Listing Provided By | One Sotheby's International Realty | Mina Taskiran |
| SQ Feet | 26,274 |
|---|---|
| Building(s) | 3 |
| Zoning | 6101 |
| Acreage | 0.45 |
| Parking Features | Assigned, Free Parking, On Street |
|---|
| Tax Annual Amount | 26655 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $18,500,000 low | high Med: $26,000 sqft: 26,274 low | high Med: 4,345 $ / sqft: $704 low | high Med: $6 On site: 1349 low | high Med: 100 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $18,500,000 low | high Med: $26,000 sqft: 26,274 low | high Med: 4,345 $ / sqft: $704 low | high Med: $6 On site: 1349 low | high Med: 100 | |