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Multi Family - for Sale

2200 NW 2ND AVE, MIAMI, FL 33127

Asking Price$31,000,000

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  • Lot size 34397sqft
  • Year Built 1954
  • Days on market:

    36 day(s)
  • Original Price:

    $31,000,000
  • Tax Legal Description:

    25 53 41 J A DANNS 2ND ADD PB 3-25 LOTS 1-2 & 3 LESS S5FT THEREOF BLK A & S1/2 OF ALLEY LYG N & ADJ CLOSED PER ORD #13492 LOT SIZE 20250 SQ
  • Property Type:

    Multi Family
  • Waterfrontage (sqft):

    225
  • Inclusions:

    Building & Land,Leases, Leases
  • Construction Type:

    Cbs Construction
  • Roof:

    ConcreteComposition Roll Wood Joist Roof
  • Cooling Description:

    Central Individual A/CCentral Building A/C
  • Floor Description:

    Concrete
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location

Description

$31,000,000

The offering presents one of the last opportunities to develop a full linear block on wynwood’s primary commercial corridor. this highly strategic covered land play provides significant upside on the existing buildings by way of below market rates with both near-term leases and as of right development potential. totaling 34,397 sf, the site has frontage on three streets, including the prominent 225’ on nw 2nd ave. the two buildings, totaling 32,150 sf, underwent full renovations in 2014 and have been institutionally managed and maintained to this day. 2200 nw 2nd avenue is a two story, elevator served office building with ground floor retail and full tenant occupancy. 2230 nw 2nd ave is a single story building with food and beverage infrastructure and entitlements.
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