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Est. payment /mo
Active
719 NW 29th ST Miami, FL 33127
2,634 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,634 sqft
MLS Listing ID A11970715
HOA Y/N No
Year Built 1957
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Mixed Use
Property Description
Gridline Properties is pleased to present the exclusive offering of a free-standing, industrial/mixed-use buildinglocated at the gateway of Wynwood and Allapattah. The property was renovated in 2024 and is strategicallypositioned within one of the city's most active urban growth corridors, benefiting from strong demandfundamentals and accelerating redevelopment momentum.The asset is 100% occupied by a single tenant, a well-established music studio and recording business,operating under a long-term lease with annual rental increases, providing stable in-place cash flow. The offeringis an attractive opportunity for investors seeking dependable income today while maintaining exposure toone of South Florida's most active corridors.Zoned industrial with the ability to develop up to eight (8) stories and potential eligibility under the Live Localprogram, the property oers compelling long-term redevelopment optionality. This investment is well suitedfor buyers seeking a combination of current yield, durable tenancy, and embedded value creation potential in one ofMiami's most dynamic infill submarkets.
Location
State FL
County Miami-dade
Area 2300
Region Miami
City Region Miami
Interior
Fireplace No
Building
Dwelling Type Flex
Others
Pets Allowed No
Tax ID 0131260090390
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11970715
Listed by Alfredo Riascos Gridline Properties
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