Retail For Sale
1274 Nw 29th St, Miami, FL 33142

$1,175,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11823562
  • Virtual Tour: YES
  • List Price: $1,175,000
  • Taxes:$10,925
  • Year Built:1953
  • Listing Date:June 17, 2025
  • Days On Market:32

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.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker