A10833234 for Sale
170 NW 24th St Miami, FL
A10833234 for Sale
170 NW 24th St Miami, FL
Price $7,100,000.00
Address:
170 NW 24th St Miami, FL
170 NW 24th St Miami, FL
Construction year:
Taxes:
$0.00
$0.00
Sizes:
Concrete
Concrete
Architect:
Developer:
170 NW 24th St Miami, FL
The subject property is comprised of a 6,000 SF of building on a combined 10,500 SF of land. The two contiguous parcel offering includes both 170 NW 24 St & 165 NW 23 St, constituting a flow-through property with 50` of frontage on two of Wynwood`s highly activated streets. In-place income from three fully entitled restaurant tenants, the largest and longest-running of which is at dramatically below market rental rate. The estimated 6.1% cap on a 3 year proforma is grounded in rental rates already being achieved in the Wynwood sub-market. Located adjacent to 1-800-Lucky, one half block east of Panther Coffee & directly across the street from the site of PMG`s X Wynwood. All impact fees have been paid. Tenant`s are separately metered for both electric and water.
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