Home » Miami » 2824 NW 5th Ave, Miami, FL 33127 | A11339858

2824 NW 5th Ave, Miami, FL 33127 | For Sale

$5,750,000
Price has decreased by $745,000

Property Highlights

Listing ID A11339858 Status of this Listing: Active For Sale Property Type Commercial Sale Commercial Building Area 13,028 Sqft/1210.34 m2 approx. Lot area 7,150 Sqft/664.26 m2 approx. Year Built 1972 This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 592 Day(s)
8 Photos of this Property

2824 NW 5th Ave, Miami, FL 33127

Property Description: SELLER FINANCING AVAILABLE AT BELOW MARKET RATE (up to 80% LTV, 1st or 2nd position)! Facing 5th ave and in the highly desirable Wynwood, this flex space offers a total of 13,000 sqft equally divided on 2 floors, with the 2nd floor boasting extra high 18 foot ceilings with twin T roof! Massive open space with absolutely no columns through out the space on either floor. Perfect for a gallery, showroom, restaurant, club, retail or hybrid. Both floors are fully air-conditioned with units less than 3 years old. 5th Ave is the future of Wynwood, with the Master Plan approved in 2020, 5th ave is expected to see a massive redesign take place!

Useful Info

Contingency:No Contingencies
Previous Asking Price:$6,495,000
Original List Price:$6,495,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Levels:Two
Structure Type:
  • Office
  • Warehouse
Stories:2

Property Features

Waterfront:No
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$33,957

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Occupant Type:
  • Call Agent
Lease Considered:Yes

Community

Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Flood Zone : X
FEMA Flood Zone Designations: X
Subdivision Number: 24

Zoning and Legal

Tax Legal Description:NORTHERN BLVD TR PB 2-29 LOT 3 BLK 16 LOT SIZE SITE VALUE OR 18408-0557/18430-1683 1198 5
Real Estate Folio Number (Parcel Number):01-31-25-024-2610
Zoning Description:6101
Public Survey Range:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:February 7, 2023 5:34 pm
On Market Date:February 7, 2023
Price Change Date Time:April 4, 2023 10:52 am
Last Important Update Description:Back On Market
Date and Time of Last Important Update:June 21, 2024 8:41 am
Status Last Changed:June 21, 2024 8:41 am
Photos Last Modified:June 21, 2024 12:48 pm
Last Modified:June 21, 2024 12:41 pm
Days on the Market Reference Date:June 21, 2024
Days on the Market (updated on Last Modified*):481
Cumulative Days on the Market (updated on Last Modified**):846

Additional Information

Number of Photos Count:8
Area:31
Ref ID:1033199311
Courtesy of:Riviera Horizons LLC
Attribution:305-776-5345
Universal Property Id:US-12086-N-0131250242610-R-N

Location

Show Property Address:Yes
Street Name:5th Ave
Street Number:2824
Street Direction Prefix:NW
Street Address:2824 NW 5th Ave
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade County
Full Address:2824 NW 5th Ave, Miami, FL 33127
Latitude:N25° 48' 11.5''
Longitude:W81° 47' 47.1''

Neighborhood

Postal City:Miami

Property Map