150 NW 21st St - Specialty FOR SALE


Miami, FL 33127
$13,950,000 USD
786-333-7199
150 NW 21st St, Miami, FL for Sale
$13,950,000 USD
Specialty - FOR SALE
1/18
null | Request Cap Rate

150 NW 21st St
Miami, FL 33127


HIGHLIGHTS

  • The Event Venue Holds A Current Assembly License That Allows For Special Events
  • Upzoning Possibility with the Live Local Act
  • Vibrant Retail Neighborhood With Several Development Undertakings

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 150 NW 21st Street, Miami, FL 33127. The subject property is a 21,200 SF development site, ideal for mixed-use or a boutique hotel, zoned T5-O, allowing for 8 stories, 73-109 with bonus or 146-219 keys for a total surface of 135,000 SF. The site is located on 21st Street, a block away from NW 2nd Avenue, traversing the center of Wynwood. It is currently operated as an event venue and film studio. Wynwood is a vibrant retail neighborhood with brands including Pastis, Doya, Uchi, Billionaire Boy’s Club, Smorgasburg Mami, and more. There are over 35 developments under construction or planned in Wynwood, with a pipeline of 5,500 residential units and 400,000 SF of Retail to be developed in the next few years.

FOR SALE DETAILS

PRICE

$13,950,000 USD

PRICE/SF

$2,345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Wynwood Center Development Site

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,200 SF

ZONING

T5-O

APN/PARCEL ID

01-3125-054-0490

ASK ABOUT THIS PROPERTY

Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-333-7199

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Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-333-7199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.