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Ground-Floor Retail Condominium
New
For Sale
$1,785,000

136 NW 26TH STREET, Miami, FL 33127

Commercial Sale, Miami, FL

Property Size1,774 SF
Lot Size0.04 Acres
Price / SF$1,006
Days on Market3

Property Features for 136 NW 26TH STREET

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 31
Standard status Active
APN 01-31-25-094-0001
Lot size 0.04 Acres

Taxes and HOA fees

Tax 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
HOA Fee $475 Monthly
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

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 2023
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials CBS (Concrete Block Structure), Block
Listing Agency: Optimar International Realty
Listed By: Ginna Rojas · License #3175274
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 29 at 8:06AM
MLS# A12113644

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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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 ground-floor retail condominium has an open floor plan, concrete flooring, and a 22'8" ceiling. Expansive glass forms the storefront, and the unit is vacant. The building dates to 2023 and has concrete-block construction, central air conditioning and heating, public water, and public sewer.

At 136 NW 26th Street in Wynwood, the space sits below 34 short-term residential condominium units. The property is positioned on NW 26th Street, with access to Midtown, the Miami Design District, Downtown Miami, Brickell, and I-95.

Key Highlights

  • 1,774‑square‑foot ground‑floor retail condominium
  • 22'8" ceiling and expansive glass storefront
  • Vacant unit with an 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 (±1% cap)
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 (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wynwood Atriums Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Butcher Mobile Phone Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7,248
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The vacant unit combines an open interior with an expansive glass storefront for adaptable retail occupancy.
Where is this retail space located?
The property is located at 136 NW 26TH STREET 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; 22'8" ceiling and expansive glass storefront; Vacant unit with an open floor plan
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