10-Suite Retail
2431 Northwest 2nd Avenue, Miami, FL 33127
For Sale
Contact for pricing
Ground-floor commercial space occupies the base of a residential tower and spans three street frontages.
Property Size31,067 SF
Price / SF$1,738
Days on Market22
Property Features for 2431 Northwest 2nd Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Neighborhood
Corner Location
Anchor Co-Tenants
Additional Details
Floor
Tenant in Place
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
DWNTWN Realty Advisors
Listed By:
Devlin Marinoff · License #3401802
(917) 312-2219
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 4:12PM
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 DWNTWN Realty Advisors
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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 31,067-RSF retail property comprises 10 ground-floor suites at the base of Flow Wynwood, a 318-unit residential tower with 547 bedrooms delivered in 2024. The retail is held as a separate commercial parcel through a recorded vertical subdivision. Nine tenants occupy 25,545 SF, representing 82.2% of the space, under NNN leases; the weighted average lease term is 9.2 years. Starbucks occupies Suite 150 under a corporate lease extending through June 2035, with four five-year options. Chipotle occupies Suite 140, with a parent guaranty through June 2036. Other tenants include Nacho Daddy, Insomnia Cookies, Halal Munchies, 107 Taste, Yuzu Sushi, Azai Hand Roll and Fierce by Dre. Suite 110 offers 5,522 SF of vacant space.
The property fronts NW 2nd Avenue, NW 25th Street and NW 24th Street. Carnegie Mellon University is planning a 35-acre Miami campus less than 200 feet away, with its first students expected in 2028. The retail also has 73 dedicated garage spaces under the recorded declaration.
The property fronts NW 2nd Avenue, NW 25th Street and NW 24th Street. Carnegie Mellon University is planning a 35-acre Miami campus less than 200 feet away, with its first students expected in 2028. The retail also has 73 dedicated garage spaces under the recorded declaration.
Key Highlights
- 31,067 RSF across 10 ground‑floor retail suites
- Three frontages: NW 2nd Avenue, NW 25th Street and NW 24th Street
- Leased occupancy of 82.2% across 25,545 SF and nine tenants
Property Analytics
Current Use
Lease Details
82.2%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,358
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 - Ground-floor commercial space occupies the base of a residential tower and spans three street frontages.
Where is this retail space located?
The property is located at 2431 Northwest 2nd Avenue Miami, FL.
What is the asking price?
The asking price for this property is $54,000,000.
What are key features of this property?
This property features: 31,067 RSF across 10 ground‑floor retail suites; Three frontages: NW 2nd Avenue, NW 25th Street and NW 24th Street; Leased occupancy of 82.2% across 25,545 SF and nine tenants
