Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wynwood Retail Space For Rent Title is generated by Realmo AI

    2129 Nw 1st Ct, Miami, FL 33127

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    16,000 SF retail space with on-site parking in Wynwood.

    Type:RETAIL
    Property size:
    16,000 SF
    Added:
    May 20, 2026
    Days on Market:
    11
    Last Refresh:
    May 20 at 5:07 am

    Property Features for 2129 Nw 1st Ct

    General Information

    Standard status
    Active
    Size
    16,000 SF
    Property subtype
    RETAIL

    Spaces For Lease

    at 2129 Nw 1st Ct Contact us

    We can help!

    Listing Contact
    John Ellis
    John Ellis

    Listing agent John Ellis

    Listing office Newmark | Miami

    Listing date May 20, 2026

    Source Moodyscre

    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 Newmark | Miami

    HighLights

    • Approximately 16,000 SF of indoor space.
    • Corner frontage along NW 1st Ct with strong visibility and convenient access within Wynwood.
    • On‑site parking
    • The second level includes four private rooms for VIP, meeting, or breakout use.

    Overview

    This commercial property offers approximately 16,000 square feet of indoor retail space. The second level features four private rooms suitable for VIP use, meetings, or breakout sessions, providing flexibility for various multi-room events. On-site parking is available. The property benefits from corner frontage along NW 1st Court, offering strong visibility and convenient access within the Wynwood area.
    Location Intelligence

    Current Use by Public Records

    BIZIMMEKANIZ Physician Morales Moving & Storage Moving Company FunDimension Game Center Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.197497
    Latitude
    25.797318

    Nearby Similar for Lease

    • $2,284/Mo
      281 SF

      Updated Office Suites in Brickell

      Private office suites with flexible lease terms and city views.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $1,233/Mo
      281 SF

      Updated Office Suites in Brickell

      Private office suites with flexible lease terms and city views.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $3,734/Mo
      281 SF

      Megacenter Brickell Office Suites

      Private office suites with flexible lease terms in Brickell.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $706/Mo
      281 SF

      Updated Office Suites in Brickell

      Private office suites with flexible lease terms and city views.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $5,600/Mo
      433 SF

      Updated Office Suites in Brickell

      Flexible office suites with city views and modern amenities.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $2,700/Mo
      1,088 SF

      Kendall Office Space For Lease

      Professional office space in Kendall, ready for immediate occupancy.
      13406 SW 128th St, Miami, FL 33186
      View Details
    • $56 SF/Yr
      3,188 SF

      Furnished Brickell Office Sublease

      Move-in ready office space in Brickell financial district.
      1101 Brickell Ave, Miami, FL 33131
      View Details
    • $2,500/Mo
      1,350 SF

      Doral Warehouse-Office Unit For Rent

      Industrial warehouse-office unit in Doral with excellent location.
      7311 NW 12th St, Miami, FL 33126
      View Details
    • $1,400/Mo
      1,000 SF

      Renovated Office Space in Miami

      Renovated office space for lease in a prime Miami location.
      825 BRICKELL BAY DR, Miami, FL 33131
      View Details
    • $2,848/Mo
      1,068 SF

      Professional Office Suite in Miami

      Functional office suite in Fontainebleau area, Miami. Ideal for professionals.
      8370 W Flagler St, Miami, FL 33144
      View Details
    • $3,300/Mo
      1,650 SF

      Functional Office-Warehouse in Prime Location

      1,650 SF office-warehouse in Doral, near Miami Airport.
      2355 NW 70th Ave 11, Miami, FL 33122
      View Details
    • $4,990/Mo
      609 SF

      Waterfront Office Suite in Brickell

      Furnished office space with water views in Miami's financial district.
      175 SW 7th St, Miami, FL 33130
      View Details

    FAQs

    What type of property is this?
    Retail space - 16,000 SF retail space with on-site parking in Wynwood.
    Where is this retail space located?
    The property is located at 2129 Nw 1st Ct Miami, FL.
    What are key features of this property?
    This property features: Approximately 16,000 SF of indoor space.; Corner frontage along NW 1st Ct with **strong visibility and convenient access within Wynwood.**; On‑site parking
    (305) 350-0915 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Ellis
    John Ellis
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2129 Nw 1st Ct, Miami, FL 33127
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!