Commercial property in 719 NW 29th St Miami for sale with MLS# A11970715

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.

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Days on the market

719 NW 29th St, Miami, FL 33127

Price
Price:
$1,715,000.00
Original List Price:
$1,715,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Commercial
MLS Number:
A11970715
Description of Last Important Update:
New Listing
Last Major Update on:
February 23, 2026 4:01 pm
Measures
Built-Up Area:
2,634 Sqft
Lot Area:
5,873 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
1957
Taxes and Expenses
Tax Annual Amount:
$0.00
Parking
Covered Spaces:
0
Community
Building Name:
719 NW 29th St
Senior Community:
No
Terms
Occupant Type:
Call Agent
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
01-31-26-009-0390
Zoning Description:
7000
Listing History
Originally published on:
February 23, 2026 4:01 pm
Active on the market since:
February 23, 2026
Price change occurred on:
February 23, 2026 4:01 pm
Listing Status Last Changed On:
February 23, 2026 4:01 pm
Photos updated on:
February 23, 2026 9:07 pm
Last Modified:
February 24, 2026 12:01 am
Additional Information
Flood Zone:
X
Subdivision Number:
9
Courtesy of:
Gridline Properties
Attribution:
Not provided
Location
Street Name:
29th St
Street Number:
719
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 13.7''
Longitude:
W81° 47' 31.8''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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