719 29th St ,Flex Space, Special Purpose en Venta & Alquilar

719 29th St en Venta & Alquilar

Precio $1,715,000.00

• Tamaño de lote 5873
• Año de construcción 1957
• Frente al agua
• Zip 33127
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

BLVD PARK PB 7-55 LOT 16 & E4FT OF S50FT OF LOT 17 BLK 2 LOT SIZE 5873 SQ FT OR 17269-4323 0796 1

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.

City:Miami,Zoning:7000,List A O R:A-Miami Association of REALTORS,Latitude:25.8037642,List Price:1715000,Listing Id:A11970715,Longitude:-80.2078608,Mls Status:Active,Year Built:1957,Postal Code:33127,Street Name:29th St,Coordinates:1:25.8037642,Photos Count:4,Building Name:719 NW 29th St,Lot Size Units:Square Feet,M I A M I R E_ Area:30,On Market Date:2026-02-23,Parcel Number:01-31-26-009-0390,Property Type:Commercial Sale,Street Number:719,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2026-08-23,List Office Name:Gridline Properties,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3828,Property Sub Type:Flex Space,State Or Province:FL,Street Dir Prefix:NW,Unparsed Address:719 NW 29th St, Miami FL 33127,Listing Agreement:Exclusive Agency,Building Area Total:2634,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:5873,M I A M I R E_ Flood Zone:X,Original List Price:1715000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-02-23,Originating System I D:miamire,Public Survey Section:26,Street Number Numeric:719,Tax Legal Description:BLVD PARK PB 7-55 LOT 16 & E4FT OF S50FT OF LOT 17 BLK 2 LOT SIZE 5873 SQ FT OR 17269-4323 0796 1,M I A M I R E_ Current Price:1715000,Public Survey Township:31,M I A M I R E_ Total Mortgage:1053000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:The asset is 100% occupied by a single tenant, providing stable in-place cash flow.,M I A M I R E_ Parcel Number M L X:0390,M I A M I R E_ Street View Param:1$25.803859$-80.207841$65.59$13.33$1.00$CAoSF0NJSE0wb2dLRUlDQWdJRHF1TXZyclFF,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-02-23,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Building Name Number:719 NW 29th St,M I A M I R E_ Agent Alternate Phone:786-325-5647,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:719 NW 29th St,