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    215 NW 24Th St Miami, FL 33127
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    Property profile & analytics

    215 NW 24Th St, Miami, FL 33127

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    • Office buildings
    • 70,984 SF
    • 0.20 lot acres
    Miami Office Space For Rent For Lease
    $54 SF/Yr
    8,200 SF

    Miami Office Space For Rent

    8,200 SF office space available for lease in Miami.

    215 NW 24th St, Miami, FL
    View Listing
    Property ID
    US18-3867475
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $41,565,000
    Cap Rate Potential
    4.6%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • The Annex / Business Service Center / Corporate Office
    • Atomic / Venture Capital Company
    • Parqueo wynwood / Parking Lot & Garage
    • Solana Embassy / Department Store
    • Livewell Design / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store

    Property Details for 215 NW 24Th St

    Year built
    2020
    Construction
    CONCRETE
    Lot size
    0.20 lot acres
    Zone code
    6101
    Property type
    Office buildings
    APN
    01-3125-034-0020
    APU
    131250340020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 1, 2022 $49,000,000 Bat Wynwood LLC Ee 215 Nw 24 Owner LLC Special Warranty Deed $32.3M · Wam Mortgage Lender LLC
    Dec 26, 2019 — Ee 215 Nw 24 Owner LLC — Loan Modification · related $6.7M · Husky Finco LLC
    Dec 28, 2017 — Ee 215 Nw 24 Owner LLC — Deed · related $11.6M · Bank Of The Ozarks
    Oct 15, 2014 $10,000 Ee 215 Nw 24 Owner LLC Wynwood Plaza LLC Grant Deed —
    Aug 27, 2013 — Wynwood Plaza LLC — Loan Modification · related $4.7M · Lion Financial INC
    May 23, 2012 $5,700,000 Wynwood Plaza LLC Wynwood Dev Corp Grant Deed · related $5M · Lion Financial INC
    Feb 21, 2003 $3,250,000 Wynwood Development Corp Nitram Partners Ltd Grant Deed $2.8M · Nitram Partners Ltd
    Jan 12, 1998 $1,211,100 Martin Family Investment Co Miami Metal Products INC Quit Claim Deed · related —
    — — Wynwood Dev Corp — Deed Of Trust · related $1.2M · Nitram Partners Ltd
    — — Wynwood Dev Corp — Deed Of Trust · related $4.6M · General Electric Capital Corp
    — — Wynwood Plaza LLC — Loan Modification · related $400k · Lion Financial INC
    — — Ee 215 Nw 24 Owner LLC — Deed Of Trust · related $11.6M · Bank Of The Ozarks

    Description

    This exceptional 3,000 square foot office sublease opportunity is located on the 5th floor of The Annex, a flagship Class A creative office building in the heart of Wynwood, Miami-Dade County. The space is part of a larger 60,000 square foot, eight-story building offering multiple tenancy options. The Annex boasts a highly visible location within Wynwood's vibrant arts district, providing excellent exposure and accessibility. The building features 12-foot floor-to-ceiling heights, creating a spacious and modern work environment. Ample parking is available with a 322-car garage and valet parking services. Enjoy convenient access to a full-scale on-site gym and a shared rooftop common area, including an outdoor conference space, perfect for team gatherings or client meetings. This sublease provides a unique chance to establish a presence in a sought-after location, close to popular Wynwood destinations such as Panther Coffee, Zak the Baker, 1-800 Lucky, KYU, and Le Chick. The space is ideal for businesses seeking a bespoke office experience in a thriving and dynamic neighborhood. This is a rare opportunity to secure a highly desirable office space in one of Miami's most coveted areas.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $47,265,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $36,200,000
      6.5%
      $33,415,000
      7%
      $31,030,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $29,153,000
      Market price range: $4.18M - $29.2M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $48,420,000
      Current use
      AUTO REPAIR, GARAGE
      $57,450,000
      Change: +19% Conversion: Difficult
      RESTAURANT
      $52,640,000
      Change: +9% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $40,090,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1995
    Latitude
    25.8003
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $799,633
    $3,062,500
    $37,837,500
    $40,900,000
    -
    $3,062,500
    $37,837,500
    $40,900,000
    View Listing
    More about this property
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