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Property profile & analytics
FOR SALE
Warehouses
239 Nw 26Th St Miami, FL 33127
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0628720
For Sale
1 / 76
$8,950,000
239 Nw 26Th St, Miami, FL 33127
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Property summary
AI-generated overview
This exceptional 4,136-square-foot warehouse, located at 239 NW 26th Street in Miami, Florida, 33127, presents a unique investment opportunity in the vibrant Wynwood Arts District. The single-tenant property boasts a prime location directly across from the renowned Wynwood Walls and Museum of Graffiti, ensuring high visibility and foot traffic. Its proximity to the award-winning Wynwood Garage further enhances its desirability. The building sits on a single lot (APN: 01-31-25-032-0120) and features four parking spaces. Zoned 6101, this versatile space offers significant potential for a wide range of businesses. Its adaptable design allows for conversion to suit various enterprise needs, making it an ideal canvas for creative entrepreneurs. The annual rent is calculated per square foot, plus NNN charges. This property is a rare find in a highly sought-after location, offering unparalleled exposure and growth potential within the heart of Wynwood's thriving artistic and cultural scene. The building consists of one suite within a single building. This is a truly remarkable opportunity to establish a presence in one of Miami's most dynamic neighborhoods.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1951
Construction
CONCRETE
Total area
4,345 SF
Lot
0.17 ac (7,500 SF)
Zoning code
6101
APN
01-3125-032-0120
UPID
US19-0628720
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Synergy Design & Marketing Inc Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$830k
Owner & transaction history
Biscayne Developments II LLC · 1 yrs held
Biscayne Developments II LLC
since 2025
6 recorded transactions
Zoning & alternative use
6101 · Miami, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,015,000
Blend value · Realmo final
$830k
Range $747k – $913k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$191 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,817
Tax year 2023
Assessed value
$2,732,981
Assessed 2023
Previous assessed
$2,544,441
+7.4% YoY
Effective rate
1.09%
On assessed value
Assessed land
$2,625,000
Assessed improvement
$107,981
Land market value
$2,625,000
Improvement market value
$107,981
Total market value
$2,732,981
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1951
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,345 SF
Lot
0.17 ac (7,500 SF)
Zoning code
6101
APN
01-3125-032-0120
UPID
US19-0628720
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6101 · Miami, FLZoning 6101 · permitted uses
6101 · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Biscayne Developments II LLC
Entity
Mailing address
407 LINCOLN RD STE 12L, MIAMI BEACH, FL 33139-3028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2025
$1,800,000
Biscayne Developments II LLC
239 Ne26 Terr Investments LLC
Special Warranty Deed
$1,300,000 · 239ne 26 Terr Investments LLC
Mar 15, 2018
$780,000
239 Ne 26 Terr Investments LLC
Torres,carlos E & Cecilia
Warranty Deed
—
May 10, 2007
$800,000
Wynwood Investments LLC
Rossi,mauricio V
Warranty Deed
—
Jan 25, 2002
$230,000
Mauricio V Rossi
Singleton,john
Grant Deed
$218,500 · John Singleton
—
—
John Singleton
—
Deed Of Trust
related
$20,000 · Commercial Bank Florida
—
—
Mauricio V Rossi
—
Deed Of Trust
related
$217,478 · John Singleton
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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