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Property profile & analytics
OFF-MARKET
Industrial properties

250 23Rd St Miami, FL 33127

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 1,463-square-foot Wynwood loft offers a unique blend of work and living spaces. Located in a 4-story, 2005-built building in the heart of Miami's Wynwood Arts District, this top-floor corner unit boasts a flexible layout currently configured with two office suites and a spacious 1,000-square-foot open loft area. The unit features double-door access, wide corridors, access to a freight elevator and a receiving garage bay. High ceilings (12+ feet), concrete floors, and central air conditioning create a sophisticated atmosphere. Three large bay windows (8 x 7.5 feet) flood the space with natural light. The kitchen is equipped with an oversized island and Miele appliances, and the unit includes in-unit laundry and custom closets. Electronic blinds add a touch of modern convenience. Building amenities include a pet-friendly policy, an on-site pool, security cameras, assigned parking, and a rooftop terrace. Asking price is $845,000. This property is a rare opportunity to own a versatile and stylish space in a vibrant Miami neighborhood. The property is classified as both industrial and multifamily, offering a unique investment opportunity.

Property profile
Verified
Property type Industrial properties
Year built 2005
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
  • Wynwood Lofts Condominium Complex
  • Eurolab Inc Dental Office
  • Charest-Weinberg Gallery, LLC Art Gallery
  • Radio 105 @ Miami Radio Station Telecommunications Service
  • Harris Food Group Inc Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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