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170 NW 24th St

Miami, FL 33127
  • $8,300,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: A11174718
UPDATED: 26 min ago
$8,300,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Description

The subject property consists of a +/-6,000 SF building on a 10,500 SF combined lot. The two contiguous parcels, 170 NW 24 St & 165 NW 23 St, provide dual frontage on two of Wynwood's highly activated streets. Demised into 3 fully entitled restaurant spaces. The estimated 4.73% cap in year one is grounded on F&B rental rates now being achieved in the Wynwood sub-market. Given both the lot size and current positioning, this opportunity is well suited for investor & developer alike as a covered land benefiting from an income producing property with mid-term upside. Located adjacent to 1-800-Lucky, one half block east of Panther Coffee & directly across the street from the site of PMG's Society Wynwood.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-06-26T06:52:58.11.
www.castellihomes.com/homes/126737157
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170 NW 24th St Miami, FL 33127

  • Price: $8,300,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 26 min ago
  • MLS #: A11174718
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1959
Built
County:
Miami-Dade
Property Description
The subject property consists of a +/-6,000 SF building on a 10,500 SF combined lot. The two contiguous parcels, 170 NW 24 St & 165 NW 23 St, provide dual frontage on two of Wynwood's highly activated streets. Demised into 3 fully entitled restaurant spaces. The estimated 4.73% cap in year one is grounded on F&B rental rates now being achieved in the Wynwood sub-market. Given both the lot size and current positioning, this opportunity is well suited for investor & developer alike as a covered land benefiting from an income producing property with mid-term upside. Located adjacent to 1-800-Lucky, one half block east of Panther Coffee & directly across the street from the site of PMG's Society Wynwood.
Exterior Features

Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 6000 Stories 1

Property Features

Association YN No Business Type Restaurant/BarRetail Space Horse YN No New Construction YN No Public Survey Section 25 Senior Community YN No Special Listing Conditions Sale Zoning 6101

Listing courtesy of Central Commercial Real Estate.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-06-26T06:52:58.11.
 
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Castelli Real Estate Services
2227 Wilton Drive
Fort Lauderdale FL, 33305