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Wynwood Office, Retail And Parking Portfolio Hits Market For $28M

A Wynwood real estate investor is looking to cash out of an office, retail and parking portfolio in Miami’s hottest neighborhood.

An entity managed by Steve Rhodes is listing a three-story office and retail building at 2121 Northwest Second Avenue and a one-story retail building at 2085 Northwest Second Avenue, as well as a parking lot at 172 Northwest 21st Street that can be a development site.

Rhodes’ asking price is $27.5 million, according to a brochure prepared by DWNTWN Realty Advisors, which is marketing the portfolio.

In 2013, Rhodes’ entity, 170 NE 40 Street Inc., bought the property at 2121 Northwest Second Avenue for $619,000 and completed the 27,513-square-foot building in 2016, records show.


Source:  The Real Deal

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