Price Check
How this price compares
- List price
- $4,900,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 60
This commercial property in ZIP 33127 is listed at $4,900,000. It has been on the market for 60 days.
Estimated monthly payment
$25,752 /mo
Principal and interest only, based on $980,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,900,000
- Days on Site
- 60 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 13,719 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 1972
- Property Type
- Commercial
- MLS #
- A12112434
- Property Tax
- $47,288
- County
- Miami Dade
- Status
- Active
About This Property
Vacant two-story Wynwood building on NW 5th Avenue with a T5-O site under it, a quarter mile from the land Ken Griffin is donating for Carnegie Mellon University's new Miami campus (construction expected 2027, first students 2028). Over 13,700 SF on two floors (6,889 SF gross each, measured) with no interior columns. The second floor has 16 ft ceilings under a twin-T roof and a 54' x 45' open hall at the rear; its other partitions are drywall. The ground floor, a former parking level with lower ceilings (about 8.5 ft), opens to a storefront on NW 5th Avenue. Both floors are air-conditioned. Lot of 7,150 SF zoned T5-O in the Wynwood NRD-1: 5 stories by right, up to 8 through the public benefits program, 150 units per acre; it can also be combined with neighboring parcels. Griffin and Goldman Properties bought 545wyn, about 500 ft away, in January 2026. Suits an owner-user (gallery, showroom, studio, creative office, education, food and beverage), an investor, or a developer or neighbor assembling on the block. Offering memorandum and measured floor plans available. Some photos are digitally edited to show the property vacant; renderings are conceptual.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1972
- Number of Stories
- 2
- Lot Size (Acres)
- 0.16
- Total Sq Ft
- 13,719
- Structure Type
- Flex / Retail
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 6101
Interior Features
- Cooling
- Central Air
- Heating
- Electric
- Flooring
- Carpet / Concrete
Exterior Features
- Roof
- Concrete
- Lot Features
- City Lot
Community & HOA
- Financing Terms
- Cash / Conventional / Exchange1031
- MLS Area
- 2310
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 10,620
- Under Contract
- 1,797
- Median List Price
- $645,000
- Median Sale Price (October)
- $585,000
- Median $/Sq Ft
- $508
- Avg Days on Market
- 153
Frequently Asked Questions
- How do I schedule a tour of 2824 NW 5th Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 2824 NW 5th Avenue, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2824 NW 5th Avenue, Miami, FL 33127 still available?
- 2824 NW 5th Avenue, Miami, FL 33127 is currently listed as Active, and has been on the market 60 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2824 NW 5th Avenue, Miami, FL 33127?
- With 20% down ($980,000) on the $4,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2824 NW 5th Avenue, Miami, FL 33127 is about $25,752/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2824 NW 5th Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2824 NW 5th Avenue, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 2824 NW 5th Avenue, Miami, FL 33127?
- Often, yes. The right offer on 2824 NW 5th Avenue, Miami, FL 33127 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Riviera Horizons LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$4,900,000
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Listed by Mikael Hamaoui, Riviera Horizons LLC
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $469 per square foot. The most recent closed on November 12, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$500,000
Sold · November 12, 2026
1100 NW 57th Street
0 bed · 0 bath · 1,860 sqft · $269/sqft
$50,000 under the asking price
Sold$448,000
Sold · November 11, 2026
1191 NW 49th Street
3 bed · 2 bath · 955 sqft · $469/sqft
$22,000 under the asking price
Sold$1,525,000
Sold · November 9, 2026
326 NW 40th Street
3 bed · 2.5 bath · 2,008 sqft · $759/sqft
$75,000 under the asking price
Sold$495,000
Sold · November 9, 2026
4315 NW 11th Court
4 bed · 3 bath · 1,694 sqft · $292/sqft
$30,900 under the asking price
Sold$550,000
Sold · November 9, 2026
1029 NW 42nd Street
3 bed · 2 bath · 1,110 sqft · $495/sqft
$3,990 under the asking price
Sold$775,000
Sold · November 4, 2026
4885 NW 7th Avenue
0 bed · 0 bath
$24,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
