FL > Miami
Miami, FL 33142,1274 NW 29th St
Miami, FL 33142,1274 NW 29th St
Miami, FL 33142,1274 NW 29th St
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Monica Cataluña-Shand, CCIM

Monica Cataluña-Shand, CCIM

Monica Cataluna-Shand

+1(954) 812-1831
$1,175,000
Est. payment /mo
3,315 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,315 sqft

Price per Sqft $354

MLS Listing ID A11823562

Construction Status Resale

HOA Y/N No

Year Built 1953

Annual Tax Amount $10,925

Lot Size 7,085 Sqft

Property Sub-Type Retail

Property Description

1274 NW 29th Street presents a prime opportunity in Miami's rapidly growing commercial sector. Positioned directly on NW 29th Street, this property is less than 0.5 miles or just a 2-minute drive from Wynwood, one of the most sought-after retail and creative office hubs in Miami. This 3,315 SF retail property with 3 tenants is ideal for an owner-user, investor, or creative office conversion, benefiting from high visibility, strong pedestrian and vehicular traffic, and a tight retail leasing market with limited vacancy. With a projected 6.5% - 7% cap rate, market rents of $24 NNN, and significant appreciation potential, this is an excellent opportunity to secure a high-performing asset in one of Miami's most dynamic submarkets. The property is 100% leased.

Location

State FL

County Miami-dade

Area 31

Exterior

Private Pool Yes

Building

Construction Status Resale

Others

Tax ID 01-31-26-039-1900

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11823562

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Listed by Related ISG Realty, LLC.
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"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1274 NW 29th St