3422 5Th Ave Miami, FL 33127
This exceptional retail space, located at 3422 NW 5th Ave in Miami, Florida (zip code 33127), offers a unique opportunity for businesses seeking a vibrant and rapidly growing location. Currently 1100 square feet, this space within a brand-new, four-story building offers the potential to expand to 1500 square feet, providing flexibility for future growth. Situated in the heart of Wynwood Norte, this property benefits from its proximity to the well-established Wynwood and Midtown areas, ensuring high visibility and accessibility. The building's modern design complements the trendy neighborhood aesthetic. The property is zoned 6107. The location boasts convenient access to 5th Avenue, providing excellent connectivity for customers and employees. With over 2000 residential units planned for construction within the next three years, Wynwood Norte is experiencing significant residential growth, creating a strong and expanding customer base for businesses in the area. The property's APN is 01-31-25-021-0180. The building is a single-tenant retail property and is expected to be completed in March 2025. This is a single-tenant space in a modern building, perfect for businesses looking to establish themselves in a thriving Miami neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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