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Wynwood Retail Space For Lease
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2887 NW 5th Ave, Miami, FL 33127

Prime Wynwood location, ideal for retail, gallery, or office.

Property Size10,300 SF
Days on Market1378

Property Features for 2887 NW 5th Ave

General Information

Standard status Active
Size 10,300 SF
Property subtype Retail
Listing Agency: DWNTWN Realty Advisors
Listed By: Tony Arellano · License #FL SL3132321
Source: Crexi
Added: Oct 24, 2022 Changed: Jul 6 Last Checked: Jul 31 at 2:13PM

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

Investment Insights

Based on property information with market context.

Located at 2887 NW 5th Ave in Wynwood, this property offers a leasing opportunity for retail, gallery, showroom, or office users. The building features approximately 10,300 square feet of space, which can be divided into smaller units starting from 1,100 square feet. Situated on the corner of 5th Ave and 29th Street, the property benefits from its location on a main thoroughfare and one of the widest, walkable streets in the neighborhood. The space is positioned steps away from core traffic and activity, near shops and restaurants. This location offers exposure in an urban walkable market.

Key Highlights

  • Prime location on 5th Ave & 29th Street in Wynwood
  • High visibility and exposure in a walkable, urban market
  • Flexible space options ranging from 1,100 SF to 10,300 SF

Property Analytics

Current Use

Kidtopia Kafe Hotel & Motel

Suggested Use

Top Pick Veterinary Clinic Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Garden Center

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
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,003
Businesses Nearby

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

Lease Benchmarks for Miami, FL

$38.24 /SF/Yr
Avg Asking Price
$0.89–$120 /SF/Yr
Price Range
5,432 SF
Avg Space Size

This space is priced 57% above the average of $38.24 /SF/Yr.

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime Wynwood location, ideal for retail, gallery, or office.
Where is this retail space located?
The property is located at 2887 NW 5th Ave Miami, FL.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: Prime location on 5th Ave & 29th Street in Wynwood; High visibility and exposure in a walkable, urban market; Flexible space options ranging from 1,100 SF to 10,300 SF
(305) 909-7343 Call to check price and availability
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