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Property profile & analytics
OFF-MARKET
Mixed-use properties

250 23Rd St Miami, FL 33127

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 1,463 square foot mixed-use condominium, located at 250 NW 23rd St #202 in Miami, Florida, presents a unique live/work opportunity. Built in 2005, this unit is part of a 36-unit building within the Wynwood Lofts, Miami's first work/live condominium development. The building boasts a secure entrance, wide corridors, covered parking, a dedicated loading area, a freight elevator, and a rooftop terrace pool. Pet owners will appreciate the unrestricted pet policy. The unit itself offers desirable features including double doors, 12-foot ceilings, concrete floors, exposed conduits, central air conditioning, and expansive 8 x 7.5-foot bay windows with northern exposure, maximizing natural light. A full bathroom and in-unit laundry add to the convenience. Further enhancing the space is a private walk-in storage unit located in the garage. Currently configured as an innovative kitchen lab, this versatile space is ideal for a variety of uses, offering seamless integration of living and working environments. The asking price for this remarkable property is $899,000. The property is situated in Miami-Dade County, Florida, zip code 33127. The five-story building offers a blend of modern amenities and urban convenience.

Property profile
Verified
Property type Mixed-use 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
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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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