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Property profile & analytics
OFF-MARKET
Specialty properties

250 23Rd St Miami, FL 33127

40,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,063 square foot creative office space is located on the second floor of the Wynwood Lofts, a 36-unit live/work condominium complex in Miami's vibrant Wynwood Arts District. The unit boasts 12-foot ceilings, concrete floors, exposed conduits, and large 8 x 7.5-foot bay windows offering ample natural light. Features include a modern kitchen with stainless steel appliances, a full bathroom, and an in-unit laundry. Additional benefits include a secured entrance, wide corridors, covered parking, a dedicated loading area, a freight elevator, and a rooftop terrace pool. The building is pet-friendly with no restrictions, and this particular unit also offers a walk-in storage space in the garage. The Wynwood Lofts is a Class B building, renovated in 2005, and features a live/work zoning designation. The building comprises one four-story structure with approximately 40,000 total square feet. This single-tenancy space is ideally situated within a thriving creative and tech hub, offering easy access to Brickell (10 minutes), South Beach (12 minutes), and Miami International Airport (20 minutes). The address is 250 NW 23rd St, Miami, FL 33127.

Property profile
Verified
Property type Specialty properties
Total area 40,000 SF
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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