865 29Th Ter Miami, FL 33127
This exceptional investment opportunity presents a 16,000 square foot church building situated on two parcels of land in Miami, Florida. Located at 865 NW 29th Ter, Miami, FL 33127, this special purpose property boasts a prime location, offering unparalleled access to major highways, schools, shopping districts, and the vibrant Wynwood area. Built in 1951, the property is currently utilized as a church, presenting a versatile canvas for future development or continued use as a place of worship. The asking price for this significant property is $2,800,000. Given its strategic location and substantial size, this property represents a compelling investment opportunity for discerning buyers. The seller is highly motivated, making this an attractive proposition for those seeking a well-positioned asset in a thriving Miami neighborhood. Showings are strictly by appointment only
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.