Gridline Properties is pleased to present the exclusive offering of a free-standing, industrial/mixed-use building
located at the gateway of Wynwood and Allapattah. The property was renovated in 2024 and is strategically
positioned within one of the city’s most active urban growth corridors, benefiting from strong demand
fundamentals 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 offering
is an attractive opportunity for investors seeking dependable income today while maintaining exposure to
one 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 Local
program, the property oers compelling long-term redevelopment optionality. This investment is well suited
for buyers seeking a combination of current yield, durable tenancy, and embedded value creation potential in one of
Miami’s most dynamic infill submarkets.
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 719 Nw 29th St, Miami, Florida 33127
- Longitude:
- W81° 47' 31.8''
- Latitude:
- N25° 48' 13.7''
- Building Area:
- 2,634 Sqft
- Building Name:
- 719 NW 29th St
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 01-31-26-009-0390
- Virtual Tour:
- Click Here
Commercial Sale For Sale
719 Nw 29th St, Miami, Florida 33127, Miami, Florida 33127
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,715,000
- Year Built :
- 1957
- Lot Area :
- 5,873 Sqft
- MLS # :
- A11970715
- Property Sub Type :
- Commercial
