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Active Flex Space
$1,715,000
719 NW 29th St, Miami FL 33127, Miami, FL 33127
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1957
Year Built

About This Property

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.

Property Details

Property Type Flex Space
Days on Market 103 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Santa Clara Elementary
Elementary 305-635-1417
PK-5
1051 NW 29 Terr., Miami, FL 33127
Jones-Ayers, Georgia Middle
Middle 305-634-9787
6-8
1331 NW 46 St., Miami, FL 33142
Miami Jackson Senior High
High School 305-634-2621
9-12
1751 NW 36 St., Miami, FL 33142

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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