Property profile

56 29Th St Miami, FL 33137

OFF-MARKET
Retail properties & Spaces
29,407 SF Built 2027
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the heart of Wynwood, Miami-Dade County, at 56 NE 29th Street, near NE 29th Street. The property, known as Mohawk Wynwood, offers 29,407 square feet of ground floor retail space, divided into twelve individual suites. Space is available in sizes ranging from a minimum of 1,000 square feet to a maximum contiguous space of 11,360 square feet. Currently, 27,930 square feet are vacant, presenting a significant opportunity for multiple tenants. The building, constructed in 2027, is an eight-story structure with a striking design inspired by industrial aesthetics, featuring exposed brick, steel, and concrete, complemented by vibrant Wynwood-style murals. The property benefits from its strategic location, bridging Wynwood and Midtown via a pedestrian passage connecting NE 28th and 29th Streets. Ample parking is available with 318 spaces in an enclosed garage and an additional 17 on-street spaces. Its proximity to the proposed Brightline Wynwood Station (85 yards away) ensures excellent accessibility and connectivity. The building also boasts extensive amenities, including rooftop amenities on the 8th and 12th floors (pool deck, hang-out areas, dog park), and luxury resident amenities (double-height lounge, fitness center, amenity offices, game room, children's play areas, lounge/bar, private park, and pickleball court). This property presents a unique opportunity to establish a presence in a vibrant and rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2027
Total area 29,407 SF

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
  • Gym & Fitness Center
  • Cafe & Coffee Shop
  • Parking Lot & Garage
  • Gym & Fitness Center
  • Property Management Company

Location

56 29Th St Miami, FL 33137
Miami metro
Google Maps

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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