Executive Summary:
Metro 1 is proud to exclusively present for sale 2534 N Miami Avenue, Miami, FL (“The Property”), a rare opportunity to acquire a standalone commercial building in the heart of Wynwood, one of Miami’s most dynamic innovation and creative districts.
The Property features an 18,500 SF building situated on a 23,500 SF lot, zoned T6-8 O/T5-L within the Wynwood NRD-1 overlay, offering a versatile space ideally suited for office, showroom, retail, or creative headquarters use. The building is in excellent condition and presents a turnkey opportunity for an owner-user or investor seeking a presence in one of the most sought-after submarkets in South Florida.
For companies currently considering leasing in Wynwood—where creative office rents now approach $75 PSF NNN—the Property presents a compelling alternative: the ability to own and occupy a flagship building while creating long-term asset value, rather than paying premium market rents. In a market where most creative office opportunities are limited to leased space, ownership opportunities of this scale and location are exceptionally rare.
Wynwood has rapidly evolved into a global hub for technology, venture capital, media, and creative companies, creating a powerful ecosystem of innovation. Major companies with a presence in the district include Amazon, Spotify, Founders Fund, Live Nation, Sony Music, PwC, OpenStore, Atomic Fund, Blockchain.com, Play2Pay, and Gensler, reinforcing Wynwood’s status as Miami’s premier creative and technology cluster.
Equally important, Wynwood offers the amenity base and lifestyle environment required by top-tier talent. The neighborhood is home to some of Miami’s most celebrated dining destinations, including Pastis, Uchi, KYU, Jajaja Mexicana, Hiden (Michelin-starred), Hiyakawa, Doya, Zak the Baker, and Ghee Indian Kitchen, creating an unmatched hospitality ecosystem within walking distance of the Property.
The district is also supported by a rapidly expanding residential population, with over 6,000 Class-A multifamily units delivered or under development within Wynwood, allowing companies to locate their offices near where their employees live, work, and socialize.
With strong surrounding corporate tenancy, an unmatched amenity base, and continued residential growth, 2534 N Miami Avenue represents a unique opportunity for a company to establish a long-term headquarters in the center of Miami’s most vibrant live-work-play neighborhood while simultaneously building equity through ownership.
Conceptual Rendering
Second Floor - Office
Property Specs:
+ Property Address: 2534 N Miami Ave, Miami, FL
+ Asking Rent: $15,900,000
+ Building Size: 18,500 SF
+ Land Size: 23,950 SF
+ Offices: 12 Offices, 1 Conference Room, Kitchenette
+ Zoning: T68 O & T5-L NRD-1
+ Current Use: Retail, Office
+ As of Right Density: 12 Stories + 121 Units (With bonuses)
+ Proposed Plans In Place for LLA: 39 Stories + 364 Units
Wynwood:
Today, Wynwood is the most important community of arts and creative businesses in the United States. With over 400+ businesses, 200+ street murals, 30+ eateries, and encompassing over 50 city blocks.
Wynwood is currently undergoing an unprecedented transformation, with a pipeline of over 6,000 residential units, 400 hotel rooms, and 1.6M SF of office space, setting the stage to create the epitome of the live, work, play ecosystem. So far, this transformation has attracted world renowned tech and creative companies like Spotify, Wework, Founder’s Fund, Livenation, as well as popular restaurants like Momosan, Uchi, Pastis, and national and international developers like Related, AMLI, Fifield, Related, The Collective, PMG, Quadrum, and L&L, among others.
With its clearly defined trajectory, Wynwood is poised to become without a doubt United States’ most important epicenter for tech, creative businesses, and an example of urban revitalization around the world. New residential, hotel, and office projects are announced every month, and major infrastructure changes are planned for the district. Some infrastructure proposals include the Wynwood Streetscape Master Plan, and the Brightline commuter station, which would connect Wynwood with Downtown Miami, Fort Lauderdale, West Palm Beach, and Orlando.
JUAN ANDRES NAVA
MANAGING DIRECTOR
786.690.7500
ANAVA@METRO1.COM
BERNARDITA BANFI
BROKER ASSOCIATE
305.600.9876
BBANFI@METRO1.COM
DANIELLA SUTNICK
ADVISOR
305.323.7273
DSUTNICK@METRO1.COM