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    2887 5Th Ave Miami, FL 33127

    For Lease
    $35 SF/Yr

    Miami Flex Space: 1,100 - 10,300 SF

    Lot size:
    10,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Miami-Dade County property, located at 2887 NW 5th Ave, offers 10,300 square feet of flexible creative office and retail space. Situated on a prominent corner in Wynwood's vibrant heart, this location boasts unparalleled visibility and walkability. The building is divisible into units as small as 1,100 square feet, or can be leased as a whole, providing flexibility for various business needs. Ideal for retailers, galleries, showrooms, or office users seeking a prime location within walking distance of Wynwood's best shops and restaurants. The property's four suites offer a unique opportunity to establish a presence in this thriving urban market, capitalizing on high foot traffic and exposure. With its convenient location and adaptable space, this property presents a compelling opportunity for businesses seeking a dynamic and visible location in the heart of Wynwood, Florida, zip code 33127. The building's total square footage is 10,300, with a minimum divisible space of 1,100 square feet and a maximum contiguous space of 10,300 square feet.

    Property Features for 2887 5Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,300 SF
    Total Rate
    30041.67

    Unit(s) available at that property

    Space
    South Unit
    Size
    4,000 SF
    Rate per SF
    $35
    Space
    Top Floor
    Size
    1,200 SF
    Rate per SF
    $35

    HighLights

    • 10,300 SF of flexible creative office/retail space in a prime Wynwood location.
    • Free‑standing building on a high‑traffic corner with excellent visibility.
    • Walkable to Wynwood's shops and restaurants; divisible into units as small as 1,100 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kidtopia Kafe Event Venue

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.203209556195
    Latitude
    25.803574309614

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    FAQs

    What type of property is this?
    Office space - Miami Flex Space: 1,100 - 10,300 SF
    Where is this office space located?
    The property is located at 2887 5Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 10,300 SF of flexible creative office/retail space in a prime Wynwood location.; Free-standing building on a high-traffic corner with excellent visibility.; Walkable to Wynwood's shops and restaurants; divisible into units as small as 1,100 SF.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    2887 5Th Ave Miami, FL 33127
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