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Miami Corner Property Near Design

4200 Nw 2nd Ave, Miami, FL 33127

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For Sale

$5,500,000

Retail and restaurant spaces in upcoming Miami neighborhood.

Property size:

7,149 SF

Lot size:

0.25 Acres

Price / SF:

$769/SF

HighLights

Strategic location: Corner property in an upcoming Miami neighborhood, near the Design District and Wynwood.
High rentable area: 7,149 Sq.Ft distributed in 3 units.
Restaurant‑ready unit: Largest unit being built for a restaurant with a 3,000 Sq.Ft patio for outdoor seating.
Permitted retail use: Two units are being permitted for retail use and a Yoga Studio.
Large lot size: Total lot size of 10,965 Sq.Ft.
Investment potential: Ideal for investors or landlords looking to amplify their portfolios.

We can help!

Listing Contact

Alexander Boria

For Sale

$5,500,000

Retail and restaurant spaces in upcoming Miami neighborhood.

Property size:

7,149 SF

Lot size:

0.25 Acres

Price / SF:

$769/SF

Added:: Sep 30, 2025
Days on Market:: 264
Last Refresh:: Jan 20 at 10:48 am

Property Features for 4200 Nw 2nd Ave

General Information

Standard status: Active
Size: 7,149 SF
Lot size: 0.25 Acres

We can help!

Listing Contact

Alexander Boria

Listing agent Alexander Boria License #3272755

Listing office borluv, inc.

Listing date Sep 30, 2025

Source Exprealty

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 borluv, inc.

HighLights

Strategic location: Corner property in an upcoming Miami neighborhood, near the Design District and Wynwood.
High rentable area: 7,149 Sq.Ft distributed in 3 units.
Restaurant‑ready unit: Largest unit being built for a restaurant with a 3,000 Sq.Ft patio for outdoor seating.
Permitted retail use: Two units are being permitted for retail use and a Yoga Studio.
Large lot size: Total lot size of 10,965 Sq.Ft.
Investment potential: Ideal for investors or landlords looking to amplify their portfolios.

Overview

This commercial property offers 7,149 rentable square feet distributed across three units, situated on a 10,965 square foot lot. The corner property is strategically located in an upcoming Miami neighborhood on NW 2nd Avenue, two blocks west of the Miami Design District and two blocks north of Wynwood. It is near primary transportation links, shopping centers, and dining options, making it suitable for various businesses seeking a strategic location. Two of the three units are being permitted for retail use and a yoga studio. The largest unit is being built for a restaurant, featuring a 3,000 square foot patio suitable for outdoor seating. This property presents a significant opportunity for investors or landlords looking to expand their portfolios.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$457.3k	$63.96
− Vacancy	−$6.9k	−$0.96
EGI	$450.4k	$63.00
− OpEx	−$112.6k	−$15.75
NOI	$337.8k	$47.25

7,149 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$4.83M

$4.22M – $5.63M (±1% cap)

NOI $337,793 @ 7.0% cap · market cap 6.14%

Second Best

Retail

$3.33M

$2.92M – $3.89M (±1% cap)

NOI $233,241 @ 7.0% cap · market cap 4.24%

Theoretical Best

—

same as Best Use

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

Property Profile Location Intelligence

Current Use by Public Records

Solange Amalia Community ... Medical Clinic MIRAI Design District Corporate Office B.O.F. Paradise Academy Daycare Center Di Construction General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.1998
Latitude: 25.815

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For sale
Retail space
FL
Miami
33127
4200 Nw 2nd Ave

What type of property is this?

Retail space - Retail and restaurant spaces in upcoming Miami neighborhood.

Where is this retail space located?

The property is located at 4200 Nw 2nd Ave Miami, FL.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: Strategic location: Corner property in an upcoming Miami neighborhood, near the Design District and Wynwood.; High rentable area: 7,149 Sq.Ft distributed in 3 units.; Restaurant‑ready unit: Largest unit being built for a restaurant with a **3,000 Sq.Ft patio for outdoor seating**.