Metro 1 Commercial presents exclusively for sale the property located at 1730 NW 23 ST (“The Property”).
The Property features 22,241 square feet of interior on 19,885 square feet of land, 18-foot high ceilings, and 3 loading docks.
The Property is located in the vibrant and rapidly evolving Allapattah neighborhood, a burgeoning cultural and commercial hotspot, highlighted by the relocation of the Rubell Museum from Wynwood. The Property is just steps away from New York’s famed Hometown Barbecue.
Other notable nearby institutions are SuperBlue by TeamLab Japan, an interactive museum featuring works by James Turrell, among others. As well as the Related Group’s 28,000 square foot gallery, El Espacio Twenty Three, an acclaimed exhibition space.
On the multifamily front, Neology Life Development Group completed No.17 Residences, a 13-story, 192-unit apartment building. Additionally, the neighborhood is seeing significant residential growth with the development of two 14-story buildings, Fourteen Allapattah Residences (237 units) and The Julia (323 units).
This is an exceptional opportunity to invest in a prime property within one of Miami’s most exciting and transforming neighborhoods.
+ Property Address: 1730 NW 23 ST
+ Asking Price: $7,900,000
+ Building SF: 22,241 SF
+ Land SF: 19,885 SF
+ Ceiling Height: 18 FT
+ Zoning: D1
Allapattah:
Today, Allapattah is emerging as one of Miami’s most vibrant and rapidly evolving neighborhoods, attracting renowned institutions and innovative developments. This dynamic community is home to a diverse array of cultural and commercial attractions. The Rubell family, globally celebrated art collectors, relocated their museum from Wynwood to a 100,000 square foot Allapattah warehouse in 2019. Since then, the Rubells have acquired and converted several neighboring warehouses, including the recent acquisition of the 45,711 square foot former Rex Discount Warehouse in 2022. They have also ventured into hospitality with a Michelin-starred restaurant, Leku.
Directly across from the Rubell Museum is SuperBlue by TeamLab Japan, an interactive museum featuring works by James Turrell and others, which offers a 4,000 square foot event venue space. Additionally, in 2019, Miami’s Related Group repurposed a 28,000 square foot warehouse into El Espacio Twenty Three, an acclaimed exhibition space. New York’s famed Hometown Barbecue has also established a presence in Allapattah, drawing a steady stream of consumers.
Alexandra Palomo-Pujol
305.778.5757
apujol@metro1.com
Lia Figueredo
786.280.4368
lfigueredo@metro1.com