138 25th St Miami, FL 33127-4418
- Warehouses
- 3,948 SF
- 0.16 lot acres
Dec 15, 2022
Current Use by Public Records
- Rum Bum Film & HD Studios / Video Production Service
Property Details for 138 25th St
- Year built
- 2002
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 3,948 SF
- Zone code
- 6101
- Property type
- Warehouses
- APN
- 01-3125-036-0150
- APU
- 131250360150
Description
This vacant, 3,948-square-foot freestanding building sits on a 7,000-square-foot lot in Miami's Wynwood neighborhood at 138 NW 25th Street, zip code 33127. Zoned Wynwood NRD-1 T-5-O, it offers significant development potential. The property allows for the construction of an eight-story building, potentially accommodating approximately 36 multi-family units or 72 hotel rooms. Further density and height increases may be achievable under the Live Local Act. Its prime location, just off NW 2nd Avenue, places it steps from the Wynwood Walls and Panther Coffee, surrounded by thriving residential and commercial development. The building's current configuration is suitable for adaptive reuse as retail space with outdoor seating or office space. This presents an exceptional opportunity for owner-users, developers, or investors seeking a high-growth area with substantial development potential. The property is situated between two recently completed large multi-family developments, adding to its desirability. Wynwood's current development boom includes 28 projects totaling 3,227 residential units, 192 hotel rooms, 662,000 square feet of office space, and 361,000 square feet of retail space. The asking price is $6,500,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,460,000
- ML approach
- $7,730,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,510,000
Market price range: $1.41M - $8.51M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,700,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1979
- Latitude
- 25.8005
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA