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2047 NW 24th Ave, Miami, FL, 33142
Creative Flex Building with Roll-Up Loading

2047 NW 24th Ave Miami, FL 33142

For Sale
Contact for pricing

Zoned D2, this 5,000 SF freestanding flex building blends creative offices, studio/photography space, showroom and warehouse access.

Property Size5,000 SF
Price / SF$349
Days on Market247

Property Features for 2047 NW 24th Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype INDUSTRIAL
Listing Agency: Metro 1 Commercial
Listed By: Lia Figueredo
Source: Moodyscre
Added: Nov 25, 2025 Changed: Jul 30 Last Checked: Jul 30 at 6:22AM

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 Metro 1 Commercial

Investment Insights

Based on property information with market context.

2047 NW 24th Ave is a 5,000 SF freestanding creative flex property designed to combine office-forward production uses with warehouse practicality. The building includes modern creative offices, a content studio and dedicated photography space, plus showroom and warehouse functionality. Roll-up loading access supports day-to-day logistics and flexible layouts for hybrid creative-industrial operations.

Located in the heart of Allapattah’s evolving creative corridor, the property is positioned near Wynwood and surrounded by major cultural anchors including the Museum of Sex, Marquez Art Projects, Superblue, and the Rubell Museum. The site is zoned D2, offering long-term flexibility.

This configuration is well-suited for creative agencies, production companies, fashion and lifestyle brands, e-commerce operators, and other users seeking a single building that can support both content creation and warehouse/showroom activities.

Key Highlights

  • 5,000 SF freestanding creative flex building
  • Roll‑up loading access for warehouse and distribution needs
  • Creative offices plus content studio and dedicated photography space

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $225.0k $45.00
− Vacancy −$33.8k −$6.75
EGI $191.3k $38.25
− OpEx −$47.8k −$9.56
NOI $143.4k $28.69
5,000 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Retail
$2.33M
$2.04M – $2.72M (±1% cap)
NOI $163,128 @ 7.0% cap · market cap 9.35%
Second Best
Office B
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,438 @ 7.0% cap · market cap 8.22%
Theoretical Best
Specialty Retail
$3.38M
$2.95M – $3.94M (±1% cap)
NOI $236,252 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Zen Group Big Box & Wholesale Store Creative Propulsion Studios Advertising Agency TaguaGunleather Sports Never Fail Gear Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Acupuncture Daycare Center Veterinary Clinic

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

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  • Benita Ramos — 1720 NW N River Dr, Miami, FL 33125

Frequently Asked Questions

What type of property is this?
Flex space - Zoned D2, this 5,000 SF freestanding flex building blends creative offices, studio/photography space, showroom and warehouse access.
Where is this flex space located?
The property is located at 2047 NW 24th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,745,000.
What are key features of this property?
This property features: 5,000 SF freestanding creative flex building; Roll‑up loading access for warehouse and distribution needs; Creative offices plus content studio and dedicated photography space
(786) 280-4368 Call to check price and availability
More about this property
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