Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

3925 NW 2 Ave

Miami, FL 33127  ·  Wholesale Outlet  ·  Folio 0131240210680
Building
3,039
square feet
Lot
10,000
0.23 acres
Year built
1944
82 years old
Assessed value
$1,458,562
$480/SF assessed

Ownership and recorded sale history

Owner of recordLVR INVESTMENTS LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2024 — $1,990,000
At that sale$655/SF
Years since2 years
Miami-Dade County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Wynwood / Little Haiti

Recorded transactions for industrial properties in Wynwood and Little Haiti along NW 7th Avenue and North Miami Avenue, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2026
Median price/SF
$515
$335 – $2,576
Median size
4,264
square feet
Median vintage
1959
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $480/SF. Recorded sales of industrial properties in Wynwood / Little Haiti since 2021 have a median of $515/SF, across a range of $335/SF to $2,576/SF.

Across those 8 recorded sales, the median sale price came in at 1.73× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

Built in 1944, it is older than the 1959 median vintage of what has been trading nearby — typically a repositioning, capital-expenditure or redevelopment conversation rather than a straight comparison.

By footprint it sits in roughly the 19th percentile of industrial properties that have traded in this corridor — 22 of the 27 recorded sales were of larger buildings.

The assessment works out 7% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
666 NW 36 St
Wholesale Outlet
5,02419672026$2,550,000$508
128 NW 25 St + 1 more parcel
Warehouse/Distribution · combined 8,674 SF portfolio sale
8,67419462025$8,200,000$945
560 NW 27 St
Wholesale Outlet
4,41019672025$2,850,000$646
740 NW 24 St
Warehouse/Distribution
4,11819602025$1,380,000$335
1031 NW 23 St
Warehouse/Distribution
1,75319732025$915,000$522
2027 NW 7 Ave
Light Manufacturing
6,40119362023$2,420,000$378
750 NW 24 St
Warehouse/Distribution
2,27519562023$950,000$418
2041 NW 2 Ave
Warehouse/Distribution
2,31019582021$5,950,000$2,576
Recorded sale prices from Miami-Dade County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Miami-Dade County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 0131240210680." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.