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Property profile & analytics
FOR SALE
Parking lots & garages

4200 Nw 2Nd Ave Miami, FL 33127

0.12 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-1674467
Property summary
AI-generated overview

This exceptional three-bay retail property, totaling 7,149 square feet, is situated on a 10,965 square foot lot in Miami's vibrant Wynwood neighborhood. Built in 1957 and extensively renovated in 2024, this Class B property offers a compelling value-add investment opportunity. The property features three units, with one bay fully leased, providing immediate cash flow. A second, recently completed 1,400 square foot bay is actively being marketed for lease. The third, approximately 4,400 square foot bay, is ideally suited for a full-service restaurant and lounge, with submitted city plans awaiting approval. Located in the desirable Wynwood Norte area, this property benefits from its proximity to major retailers, the Design District, public transportation, and major thoroughfares. The property is zoned T4-L - Miami21, and is offered as a fee simple ownership with a triple net (NNN) lease type. This investment presents a rare chance to capitalize on the sustained growth and high demand within this dynamic South Florida market, offering the potential for long-term, stable cash flow and significant capital appreciation. The property is part of an auction scheduled for December 16th-18th. This is a prime opportunity to acquire a well-positioned retail asset in one of Miami's most sought-after neighborhoods.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.12 ac (5,100 SF)
Zoning code 4801:RESID-LIMITED RETAIL
APN 01-3124-024-0930
UPID US18-1674467
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Solange Amalia Community Clinic Medical Clinic
  • MIRAI Design District Corporate Office
  • B.O.F. Paradise Academy Daycare Center
  • Di Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$18.54M
Owner & transaction history
Dd 4200 LLC · 2 yrs held
Dd 4200 LLC
since 2023
Last sale
$20.0M
7 recorded transactions
2026
Price N/A
2024
Price N/A
2023
Price N/A
2023
$20.0M
2020
Price N/A
2018
Price N/A
2013
Price N/A
Zoning & alternative use
4801:RESID-LIMITED RETAIL · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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