Executive Summary:
Metro 1 Commercial and BM2 exclusively presents for sale the property located at 100 NW 25 Street, Miami, FL (“The Property”).
The Property has 16,866 SF of Gross Building Area and 14,250 SF of rentable SF, divided into three spaces, out of which currently two are leased, and the third space under lease negotiations.
The Property is ideally located along 25th Street between NW 1 Avenue and N Miami Avenue. The Property benefits from its T5-O NRD-1 Miami 21 zoning designation, which allows for a wide variety of permitted uses by right including residential, lodging, commercial, office, civic and educational.
Across from the Property, along NW 1 Avenue, the Wynwood BID is planning a pedestrian walkway, a “Woonerf”, which would expand the sidewalks, increase the landscaping, and overall enhancing the pedestrian experience.
Property Specs:
+ Property Addresses: 100 NW 25 Street, Miami, FL
+ Price Guidance: $15,500,000
+ Gross Building Area: 16,866 SF
+ Gross Leasable Space: 14,250 SF
+ Lot Size: 16,250 SF
+ Use: Retail
+ Zoning: T5-O NRD-1
+ Max Stories: 5 Stories / 8 Stories w/Bonuses
+ Density (w/Bonuses): 81 Units / 162 Keys (may be sold separately)
+ FLR (w/Bonuses): 169,200 SF
Wynwood:
Today, Wynwood is the most important community of arts and creative businesses in the United States. With over 400+ businesses, 200+ street murals, 30+ eateries, and encompassing over 50 city blocks.
Wynwood is currently undergoing an unprecedented transformation, with a pipeline of over 6,000 residential units, 400 hotel rooms, and 1.6M SF of office space, setting the stage to create the epitome of the live, work, play ecosystem. So far, this transformation has attracted world renowned tech and creative companies like Spotify, Wework, Founder’s Fund, Livenation, as well as popular restaurants like Momosan, Uchi, Pastis, and national and international developers like Related, AMLI, Fifield, Related, The Collective, PMG, Quadrum, and L&L, among others.
With its clearly defined trajectory, Wynwood is poised to become without a doubt United States’ most important epicenter for tech, creative businesses, and an example of urban revitalization around the world. New residential, hotel, and office projects are announced every month, and major infrastructure changes are planned for the district. Some infrastructure proposals include the Wynwood Streetscape Master Plan, and the Brightline commuter station, which would connect Wynwood with Downtown Miami, Fort Lauderdale, West Palm Beach, and Orlando.
JUAN ANDRES NAVA
MANAGING DIRECTOR
954.864.6274
ANAVA@METRO1.COM