128 NW 25Th St Miami, FL 33127

Property Details for 128 NW 25Th St

Year built

1946

Construction

CONCRETE

Lot size

0.16 lot acres

Property size

4,894 SF

Zone code

6101

Property type

Warehouses

APN

01-3125-036-0140

APU

131250360140

Description

This vacant, 4,894-square-foot freestanding building sits on a 7,000-square-foot lot in the heart of Miami's Wynwood neighborhood. Located just off NW 2nd Avenue, it's steps from the Wynwood Walls and Panther Coffee, offering exceptional visibility and access to the area's vibrant arts and culture scene. Currently zoned T-5-O, this property presents a compelling investment opportunity for owner-users or developers seeking adaptive reuse or new construction. The existing structure allows for the creation of a retail space with outdoor seating or office space. Under traditional zoning, development of up to eight stories is permitted, potentially yielding approximately 36 multi-family units or 72 hotel rooms. Further development potential exists under the Live Local Act, allowing for increased height and density. The property's strategic location between recently completed large residential developments underscores its strong potential for future growth within Wynwood's dynamic real estate market. This is a rare chance to acquire a free-standing property in a core Wynwood location, surrounded by significant ongoing development projects totaling thousands of residential units, hotel rooms, office, and retail space. The asking price is $5,500,000. The property is offered as a ground lease.

Location Insight

City

Miami

County

Miami-dade

State

Florida

Longitude

-80.1978

Latitude

25.8005

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments