719 NW 29th St, Miami FL 33127 | Miami-Dade County | A11970715
- $1,715,000
- $1,715,000
Description
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.
Address
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Address: 29th St
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City: Miami
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Zip/Postal Code: 33127
Details
Updated on July 2, 2026 at 6:48 am-
Property ID A11970715
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Price $1,715,000
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Year Built 1957
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Property Status Active, Commercial Sale
Additional details
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Building 719 NW 29th St
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Association No
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Private Pool No
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Waterfront No
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Building Area 2634
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 5873
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