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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

50 24Th St Miami, FL 33127

7,751 SF
Property ID
Property summary
AI-generated overview

This exceptional retail and restaurant space, located at 50 NW 24th Street in Miami's vibrant Wynwood neighborhood, offers 7,751 square feet of versatile commercial space. The property is ideally suited for multiple tenants, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 7,751 square feet. Situated in Miami-Dade County, this location boasts a stunning street presence on NW 24th Street, featuring a captivating facade enhanced by lush landscaping and a mural created by internationally acclaimed artist Tristan Eaton. The property also includes desirable outdoor seating directly in front of the space. The Wynwood Jungle development incorporates a pedestrian paseo connecting NW 24th and NW 25th Streets, further enhancing its accessibility and appeal. This prime location is surrounded by significant Wynwood landmarks, including the Arlo Hotel, AMLI Wynwood, Miami Arts Charter School, and Wynwood Oasis, ensuring high visibility and foot traffic. The property's unique design and prime location within the thriving Wynwood arts district present a rare opportunity for businesses seeking a high-impact presence in one of Miami's most sought-after areas. The space is perfect for a variety of retail or restaurant concepts. This is a unique opportunity to establish a business in a dynamic and rapidly growing area of Miami.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,751 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
  • In the Kitchen Miami Training Center
  • The Salty Cafe & Coffee Shop
  • Patricia Borri Design Home Decor Store Department Store
  • Three Restaurant
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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