$1,175,000

1274 NW 29th St, Miami, FL 33142

  • 3,315 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $354/sqft
  • Property List Date Icon Listed 5 days ago

Property 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.

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Related ISG Realty, LLC. : 305-932-6365
Listing Agent:
Tomas Sulichin : 305-788-2878
MLS ID:
A11823562
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County

This listing courtesy of Tomas Sulichin, Related ISG Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Santa Clara Elementary School

1051 NW 29th Ter, Miami, FL, 33127

Grades PK-5

0.28 miles away

P

Pace Center for Girls

1400 NW 36th St Ste 200, Miami, FL, 33142

Grades 6-12

0.45 miles away

P

Pace Center for Girls

1400 NW 36th St Ste 200, Miami, FL, 33142

Grades 6-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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