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Enclosed Flex Space

550 NW 29th St, Miami, FL 33127

For Lease
New
$65 SF/Yr

Covered industrial space offers a setting for corporate offices, brand activations, and production uses.

Space Size7,000 SF
Days on Market3

Property Features for 550 NW 29th St

General Information

Standard status Active
Size 7,000 SF
Net Rentable 7,000 SF
Zoning 6100

Space & Availability

Available Space 7,000 SF
Contiguous Space 7,000 SF

Site & Location

Neighborhood Fashion District

Building Details

Building Size 7,000 SF
Year Built 1981
Listing Agency: Jordan Karp LLC
Listed By: Jordan Karp · License #3303306
Source: Futureoptionrealty
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 5:17PM

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 Jordan Karp LLC

Rey
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Investment Insights

Based on property information with market context.

This flex property includes 7,000 square feet of covered industrial space within a 20,000-square-foot enclosed property. The space can accommodate corporate offices, brand activations, sponsor integrations, and production-oriented environments. The property was built in 1981.

Located at 550 NW 29th St in Miami’s Wynwood district, the property is zoned 6100.

Key Highlights

  • 20,000‑square‑foot enclosed property
  • 7,000 square feet of covered industrial space
  • Zoned 6100

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Low-Cost Auto Insurance Insurance Agency Miami Classics Garage Car Rental Facility GEGO Shop (Bike/Boat/Book/etc) Store Perihelion Capital Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Nursing Home Veterinary Clinic Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,003
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Lease Benchmarks for Miami, FL

$22.92 /SF/Yr
Avg Asking Price
$3.3–$65 /SF/Yr
Price Range
8,888 SF
Avg Space Size

This space is priced 184% above the average of $22.92 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Miami, FL

$24.68 Jul
$23.69 Aug
$23.02 Sep
$23.17 Oct

Properties on Market for Flex space in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Similar Off Market Nearby

  • Catering Brand — 1951 NW 7th Ave #600, Miami, FL 33136
  • GROAK CATERING — 1900 NE Miami Ct, Miami, FL 33132
  • Dadaillecatering — 428 NW 22nd St, Miami, FL 33127
  • Constellation Culinary Group — 2151 NW 1st Ct, Miami, FL 33127
  • Potions in Motion — 318 NW 23rd St, Miami, FL 33127

Frequently Asked Questions

What type of property is this?
Flex space - Covered industrial space offers a setting for corporate offices, brand activations, and production uses.
Where is this flex space located?
The property is located at 550 NW 29th St Miami, FL.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: 20,000‑square‑foot enclosed property; 7,000 square feet of covered industrial space; Zoned 6100
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Includes: Price & PSF · Cap rate · Location · Zoning

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