138 NW 25th St

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 138 NW 25th Street in Miami, FL. The subject property is a freestanding building spanning 3,948 SF on a 7,000 SF lot. It is located just off NW 2nd Avenue, one of Wynwood’s main corridors, and is steps away from the Wynwood Walls and Panther Coffee. The property is ideal for an adaptive re-use opportunity to create a retail concept with outdoor seating or to be repurposed as office space. Additionally, under traditional Wynwood NRD-1 zoning, the property allows for the development of 8 stories and approximately 36 multi-family units or 72 hotel rooms. If upzoned under the Live Local Act, a developer could potentially reach greater development heights and density. The property is situated between Society, a recently completed 318-unit building, and AMLI with 316 units. Wynwood currently has 28 development projects in progress, totaling 3,227 residential units, 192 hotel rooms, 662k SF of office space, and 361k SF of retail space.