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Property profile

250 23Rd St Miami, FL 33127

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 1,063 square foot special-purpose commercial space is located in the desirable Wynwood neighborhood of Miami, Florida, at 250 NW 23rd St #204. Situated within a five-story, 36-unit condominium building, this single-tenant unit offers a unique blend of work and living space. The property features 12-foot ceilings, concrete floors, exposed conduits, and central air conditioning. Large 8 x 7.5-foot bay windows with northern exposure provide ample natural light. The unit includes a modern kitchen equipped with stainless steel appliances, a full bathroom, and an in-unit laundry area. Additional benefits include double door access, a dedicated walk-in storage space in the garage, and access to building amenities. Building amenities include a secured entrance, wide corridors, covered parking for one vehicle, a dedicated loading area, a freight elevator, and a rooftop terrace pool. The building is pet-friendly with no restrictions. The property is zoned 7000 and has an APN of 01-31-25-079-0100. This unique offering presents a rare opportunity to combine work and living in a vibrant Miami location. The property is located in Miami, FL, zip code 33127.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Condominium Complex
  • Dental Office
  • Art Gallery
  • Radio Station Telecommunications Service
  • Grocery & Convenience Store Food Market

Location

250 23Rd St Miami, FL 33127
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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