Double-Height Retail
136 NW 26TH STREET C.U. 1, Miami, FL 33127
For Sale
$1,785,000
Vacant, open-plan space features a broad glass frontage and is ready for a new retail buildout.
Property Size1,774 SF
Price / SF$1,006
Days on Market12
Property Features for 136 NW 26TH STREET C.U. 1
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Floor
Amenities
0.04073 acres
Public Sanitation
Parcel Number: 01-31-25-094-0001, Public Survey Range: 31, Public Survey Section: 25, Public Survey Township: 31, Legal Description: WYNWOOD ATRIUMS CONDO DONMOORE VILLA AMD PB 6-7 LOT 5 BLK 5 AS DESC IN DECL OR 31593-1961 LOT SIZE 5200 SQ FT FAU 01-3125-029-0950
Concrete
Central Individual A/C
Central Electric
Listing ID: A12113644, Standard Status: Active, MLS Status: Active, Property Subtype: Flex Space, On market as of 2026-10-27, Special Conditions: Sale
Built in 2023, Year Built Details: Resale, Living area: 1774, Living area units: Square Feet, 1 building, 1 storey, Construction Materials: CBS Construction
County/Parish: Miami-Dade County
Leasable area units: Square Feet
1 units in community
Water Source: Public
A/C & Heating Maintenance, Common Area Maintenance, Exterior Electric, Fire Liability Insurance, Inside Insurance, Real Estate Tax
Frontage Type: City Street
Association Fee: $475, Fee Frequency: Monthly
Building Details
Year Built
Listing Agency:
Optimar International Realty
(305) 947-0477
Listed By:
Ginna Rojas · License #3175274
(305) 710-6015
Source:
Riserealty
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 9:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Optimar International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,774-square-foot retail condominium occupies the ground floor and was built in 2023. Its open plan, expansive glass storefront, and 22-foot-8-inch ceiling provide a distinctive interior for a retail concept. The unit is vacant and ready for customization; uses identified for the space include grocery, showroom, boutique, gallery, bookstore, and wellness concepts.
The property sits beneath 34 short-term residential condominium units on NW 26th Street. Midtown, the Miami Design District, Downtown Miami, Brickell, and I-95 are accessible from the site.
The property sits beneath 34 short-term residential condominium units on NW 26th Street. Midtown, the Miami Design District, Downtown Miami, Brickell, and I-95 are accessible from the site.
Key Highlights
- 1,774‑square‑foot ground‑floor retail condominium
- 22‑foot‑8‑inch double‑height ceiling
- Expansive glass storefront and open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,878
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,560
$1.2M
Cap Rate 7%
$826,829
$826.8K
Cap Rate 9%
$643,089
$643.1K
Market Conditions
NOI Build-Up for 1,774 SF
Gross rent
$92.2K $51.96/SF
− Vacancy
−$9.5K −$5.35/SF
EGI
$82.7K $46.61/SF
− OpEx
−$24.8K −$13.98/SF
NOI
$57.9K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,560
Cap Rate 7%
$826,829
Cap Rate 9%
$643,089
Alternative Uses
Best Use
Retail
$826.8K
$723.5K – $964.6K
NOI $57,878 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $83,822 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,248
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami, FL
Properties on Market for Retail space in Miami
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Vacant, open-plan space features a broad glass frontage and is ready for a new retail buildout.
Where is this retail space located?
The property is located at 136 NW 26TH STREET C.U. 1 Miami, FL.
What is the asking price?
The asking price for this property is $1,785,000.
What are key features of this property?
This property features: 1,774‑square‑foot ground‑floor retail condominium; 22‑foot‑8‑inch double‑height ceiling; Expansive glass storefront and open floor plan
