Wynwood Retail Space Available
For Sale
Contact for pricing
280 NW 27 STREET, Miami, FL 33127
Retail space with high ceilings and outdoor patio in Wynwood.
Property Size13,400 SF
Price / SF$0.00
Days on Market327
Property Features for 280 NW 27 STREET
General Information
Standard status
Active
Size
13,400 SF
Class
B
Property subtype
Office/Loft Creative Space
Lease Term
NNN
Building Details
Building Size
13,400 SF
Properties For Sale
at 280 NW 27 STREET
Suite 280
Size
1,765 SF
Type
Creative/Loft
Term
Negotiable
Listing Agency:
Central Commercial Real Estate
Listed By:
Eric Gonzalez · License #0705251
(305) 302-0672
Source:
Centralcommercial
Added: Nov 25, 2025
Changed: Oct 8
Last Checked: Oct 16 at 8:05AM
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 Central Commercial Real Estate
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Investment Insights
Based on property information with market context.
Located in the heart of Wynwood, this property is situated on a prominent retail intersection. Unit 280, comprising 1,765 rentable square feet, will be available starting January 1, 2026. The space features 14-foot ceilings and includes a paved patio suitable for outdoor use. The building is equipped with three-phase power, individual metering, and climate control. Current co-tenants include Mimi Yoga, Rodilla, and Truist. The property is located across the street from the Wynwood Building and the Wynwood Garage. Adjacent businesses on NW 3rd Avenue include Zak the Baker, WeWork, and West Elm. The central location benefits from the planned pedestrian woonerf, which is expected to further enhance NW 3rd Avenue's position as a central area within Wynwood. The property's co-tenancy includes Truist, and a Spanish gourmet coffee and sandwich restaurant with over 70 locations.
Key Highlights
- Prime Wynwood Location: Situated on a major retail intersection, directly across from the Wynwood Building and Wynwood Garage.
- High‑Profile Co‑Tenancy: Benefit from established co‑tenants including Mimi Yoga, Rodilla, Truist, Zak the Baker, WeWork, and West Elm.
- Usable Outdoor Space: Features a paved patio.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$384,413
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,688,260
$7.7M
Cap Rate 7%
$5,491,614
$5.5M
Cap Rate 9%
$4,271,256
$4.3M
Market Conditions
NOI Build-Up for 13,400 SF
Gross rent
$603.0K $45.00/SF
− Vacancy
−$90.5K −$6.75/SF
EGI
$512.6K $38.25/SF
− OpEx
−$128.1K −$9.56/SF
NOI
$384.4K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,688,260
Cap Rate 7%
$5,491,614
Cap Rate 9%
$4,271,256
Alternative Uses
Best Use
Retail
$6.25M
$5.46M – $7.29M
NOI $437,184 @ 7.0% cap · market cap 672,590.77%
Second Best
Office B
$5.49M
$4.81M – $6.41M
NOI $384,413 @ 7.0% cap · market cap 591,404.62%
Theoretical Best
Specialty Retail
$9.05M
$7.91M – $10.55M
NOI $633,156 @ 7.0% cap · market cap 974,086.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,184
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Retail space with high ceilings and outdoor patio in Wynwood.
Where is this office units located?
The property is located at 280 NW 27 STREET Miami, FL.
What are key features of this property?
This property features: Prime Wynwood Location: Situated on a major retail intersection, directly across from the Wynwood Building and Wynwood Garage.; High‑Profile Co‑Tenancy: Benefit from established co‑tenants including Mimi Yoga, Rodilla, Truist, Zak the Baker, WeWork, and West Elm.; Usable Outdoor Space: Features a paved patio.
