719 NW 29th St, Miami, FL 33127

• 2,634 sqft

Property 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.

Listing Status:

Active

Date Added:

February 23, 2026

Data Last Updated:

March 28, 2026 at 4:06PM

Listing Office:

Gridline Properties : 786-325-5647

Listing Agent:

Alfredo Riascos : 786-325-5647

MLS ID:

A11970715

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 7000BLVD PARK PB 7-55 LOT 16 & E4FT OF S50FT OF LOT 17 BLK 2 LOT SIZE 5873 SQ FT OR 17269-4323 0796 101-31-26-009-0390

Financial

• Source: Miami Association of REALTORS®