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The Onyx 2734 NW 1st Ave

18,800 SF Vacant 4-Star Retail Building Miami, FL 33127 $10,000,000 ($532/SF) 9.40% Cap Rate

Investment Highlights

  • Free-Standing Corner Building
  • Equipped With Grease Traps & Fire-Rated Exhaust Ducts
  • Ample Valet Parking Available
  • Vibrant Retail District, In Proximity to Wynwood’s Latest Developments

Executive Summary

DWNTWN Realty Advisors has been retained exclusively to arrange the sale of The Onyx at 2734 NW 1st Avenue, Miami, FL 33127. The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space. The building is ideal for a retail or fitness tenant on the ground floor, with the upcoming project of a pedestrian woonerf on Wynwood’s 1st Avenue. The floors and mezzanine above can be used for office space with ample storage space. The property is nestled between some of the largest new mixed-use projects in the neighborhood, Wynwood 29, Artem Green, Wynd 27&28, Quarters Wynwood & Diesel Wynwood totaling over 800 apartment units in a 4- block radius.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
18,800 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$10,000,000
Price Per SF
$532
Cap Rate
9.40%
NOI
$940,500
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.88
Land Acres
0.15 AC
Zoning
6101 - Single Family Residential
Frontage
35 FT on Northwest 1st Avenue

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,563 SF
  • Office/Retail
  • -
  • Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

  • Mezzanine
  • 3,227 SF
  • Office
  • -
  • Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

  • 3rd Floor
  • 4,662 SF
  • Office
  • -
  • Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

  • Mezzanine
  • 3,228 SF
  • Office
  • -
  • Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

  • Penthouse
  • 3,120 SF
  • Office
  • -
  • Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

Space Size Space Use Position Available
1st Floor 4,563 SF Office/Retail - Now
Mezzanine 3,227 SF Office - Now
3rd Floor 4,662 SF Office - Now
Mezzanine 3,228 SF Office - Now
Penthouse 3,120 SF Office - Now

1st Floor

Size
4,563 SF
Space Use
Office/Retail
Position
-
Available
Now

Mezzanine

Size
3,227 SF
Space Use
Office
Position
-
Available
Now

3rd Floor

Size
4,662 SF
Space Use
Office
Position
-
Available
Now

Mezzanine

Size
3,228 SF
Space Use
Office
Position
-
Available
Now

Penthouse

Size
3,120 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 4,563 SF
Space Use Office/Retail
Position -
Available Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

Mezzanine

Size 3,227 SF
Space Use Office
Position -
Available Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

3rd Floor

Size 4,662 SF
Space Use Office
Position -
Available Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

Mezzanine

Size 3,228 SF
Space Use Office
Position -
Available Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

Penthouse

Size 3,120 SF
Space Use Office
Position -
Available Now

The Onyx is a recently constructed free-standing corner building with 7,790 SF on the ground and 2nd floor, 7,890 SF on the 3rd and 4th floors, and 3,120 SF of penthouse space.

Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

freshii
Starbucks
Bank OZK
Velvet Taco
Bartaco
Applebee's
Chase
TD Bank
CTown
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3125-029-0650
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,312,040
  • Listing ID: 29471311

  • Date on Market: 9/8/2023

  • Last Updated:

  • Address: 2734 NW 1st Ave, Miami, FL 33127

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