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Property profile & analytics
OFF-MARKET
Commercial land

51 28th St Miami, FL 33127-4427

0.48 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US18-1625734
Property summary
AI-generated overview

This exceptional Class A retail opportunity is located within the vibrant i5 Wynwood development at 51 NW 28th Street in Miami-Dade County's Wynwood submarket. The property offers a total of 3,852 square feet of retail space, divided into three suites within an eight-story building. Currently, 1,113 square feet are vacant, offering flexible leasing options ranging from a minimum of 888 square feet to a maximum contiguous space of 2,159 square feet. Ideal for retail or restaurant use, this space benefits from high visibility and foot traffic due to its location at the entrance to Wynwood, a thriving hub for art, creativity, and a growing number of tech and finance companies. The building itself is a mixed-use development featuring 63 residential units, ensuring a consistent flow of potential customers. The property boasts convenient access and is situated near other notable mixed-use projects such as Wynwood Walk, Wynwood Green, Wynwood 29, Wyn 27, Wyn 28, and Diesel Wynwood. The building includes elevators for easy access to all floors. This presents a unique chance to establish a presence in one of Miami's most dynamic and sought-after neighborhoods. Don't miss this opportunity to secure a prime retail space in the heart of Wynwood.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.48 ac (20,700 SF)
Zoning code 6101
APN 01-3125-028-1040
UPID US18-1625734
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
  • i5 Wynwood Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Prh Nw 28 LLC · 7 yrs held
Prh Nw 28 LLC
since 2019
5 recorded transactions
2019
$2.2M
2018
$2.2M
2017
$1.7M
2006
Price N/A
2001
$6,200
Zoning & alternative use
6101 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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