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

2819 NW 1 Ave

Miami, FL 33127  ·  Mixed Retail/Residential  ·  Folio 0131250280980
Building
189,408
square feet
Lot
27,464
0.63 acres
Year built
2023
3 years old
Assessed value
$35,000,000
$185/SF assessed

Ownership and recorded sale history

Owner of recordWYNWOOD 29 LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2023 — $135,000,000
At that sale$713/SF
Years since3 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 retail 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
$857
$508 – $1,262
Median size
11,564
square feet
Median vintage
1965
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 $185/SF. Recorded sales of retail properties in Wynwood / Little Haiti since 2021 have a median of $857/SF, across a range of $508/SF to $1,262/SF.

Across those 8 recorded sales, the median sale price came in at 1.25× 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.

At 189,408 SF this building is materially larger than the 11,564 SF median for retail properties trading in this corridor, which narrows the pool of directly comparable transactions.

By footprint it sits in roughly the 100th percentile of retail properties that have traded in this corridor — 0 of the 21 recorded sales were of larger buildings.

The assessment works out 78% 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
43 NW 23RD St
Stores, 1 story
21,69720162026$25,700,000$1,184
100 NW 36 St + 1 more parcel
Stores, 1 story · combined 6,024 SF portfolio sale
6,02419772025$5,390,000$895
3201 N Miami Ave
Regional Shopping Center
92,62920062024$55,913,100$604
3946 N Miami Ave
Stores, 1 story
9,90619532024$12,500,000$1,262
3299 NW 2 Ave
Stores, 1 story
6,69020022024$3,400,000$508
2887 NW 5 Ave
Stores, 1 story
10,62519402022$8,711,200$820
179 NW 26 St
Stores, 1 story
24,65019482021$24,200,000$982
2610 N Miami Ave + 1 more parcel
Stores, 1 story · combined 12,503 SF portfolio sale
12,50319532021$9,050,000$724
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 0131250280980." 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.