Opportunity in the heart of the high-demand Wynwood market. The value-add building presents a rare and unique opportunity to own a high-quality investment in one of the most popular districts Miami has to offer. Zoned T5-O, and encompassed within the NRD-1 overlay, this property carries future development potential up to eight (8) stories. The property is being sold at a current 5% CAP rate with an Internationally recognized AAA rated tenant. Between the dynamic location, the opportunity to own a highly covered piece of real state with a Class-A tenant with a great income, and the plethora of allowable uses this building presents unparalleled cashflow opportunities.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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