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$18,500,000
Est. payment /mo
26,274 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 26,274 sqft
Price per Sqft $704
MLS Listing ID A11317463
HOA Y/N No
Year Built 1938
Annual Tax Amount $26,655
Lot Size 0.451 Acres
Property Sub-Type Mixed Use
Property Description
This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood's Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood's SE Quadrant. Several significant new projects such as CIM Group's Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global's fashionable Arlo Hotel, are located within only a block or two of the property. Current tenants in place-
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Others
Tax ID 01-31-25-054-0410
Acceptable Financing Cash
Listing Terms Cash
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Listed by One Sotheby's International Re