45 NE 27th St

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45 NE 27th St

miami, FL 33137
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

45 NE 27th St is located in the Wynwood neighborhood of Miami, a district characterized by its industrial history, street art, and evolving commercial landscape. The property is situated near the intersection of North Miami Avenue and 27th Street, providing proximity to various local galleries, eateries, and creative offices. Access to the site is supported by major thoroughfares including I-195 and Biscayne Boulevard, which connect the area to the Design District, Midtown Miami, and Downtown. The building is suited for boutique retail, showrooms, or service-oriented businesses seeking a presence in a high-traffic pedestrian corridor. Typical tenants for this asset class in the area include apparel brands, fitness studios, and specialty food and beverage operators. The flexible layout accommodates private enterprises looking to benefit from the neighborhood's established tourism and local foot traffic.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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