Mixed use property in 2824 NW 5th Avenue, Miami, FL 33127 for sale with MLS# A12112434

Vacant two-story Wynwood building on NW 5th Avenue with a T5-O site under it, a quarter mile from the land Ken Griffin is donating for Carnegie Mellon University's new Miami campus (construction expected 2027, first students 2028). Over 13,700 SF on two floors (6,889 SF gross each, measured) with no interior columns. The second floor has 16 ft ceilings under a twin-T roof and a 54' x 45' open hall at the rear; its other partitions are drywall. The ground floor, a former parking level with lower ceilings (about 8.5 ft), opens to a storefront on NW 5th Avenue. Both floors are air-conditioned. Lot of 7,150 SF zoned T5-O in the Wynwood NRD-1: 5 stories by right, up to 8 through the public benefits program, 150 units per acre; it can also be combined with neighboring parcels. Griffin and Goldman Properties bought 545wyn, about 500 ft away, in January 2026. Suits an owner-user (gallery, showroom, studio, creative office, education, food and beverage), an investor, or a developer or neighbor assembling on the block. Offering memorandum and measured floor plans available. Some photos are digitally edited to show the property vacant; renderings are conceptual.

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2824 NW 5th Avenue, Miami, FL 33127

Price
Price:
$4,900,000.00
Original List Price:
$4,900,000.00
List Price per Sq Ft (Calculated, Approx.):
$357.16
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Mixed Use
Description of Last Important Update:
New Listing
Last Major Update on:
September 1, 2026 4:00 am
Measures
Built-Up Area:
13,719 Sqft
Lot Area:
7,150 Sqft
Lot Size Acres:
0.16
Property Features
Air Conditioning
Air Conditioning System:
Central Individual, Central Building
Heating
Heating System:
Electric
Building:
Showroom
Construction
Year Built:
1972
Roof:
Concrete
Number of Buildings:
1
Flooring:
Carpet, Concrete
Number of stories:
2
Structure Type:
Retail, Flex
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$47,288.00
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
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):
0131250242610
Zoning:
6101
Listing History
Active on the market since:
September 1, 2026
Listing Agreement executed on:
September 1, 2026
Listing Status Last Changed On:
September 1, 2026 4:00 am
Photos updated on:
October 24, 2026 10:18 pm
Last Modified:
October 24, 2026 11:22 pm
Additional Information
Courtesy of:
Riviera Horizons LLC
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
2824
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 11.5''
Longitude:
W81° 47' 47.1''
Street Suffix:
Avenue
Street Direction Prefix:
NW
Property Map

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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
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Association of REALTORS®
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