Miami’s Premier Creative Flex Building Rail 71 in Little River District Listed at $42.5 Million

DWNTWN Realty Advisors lists Rail 71, a creative flex building in Miami’s Little River district, for $42.5 million. The recently renovated property offers immediate cash flow with 89.3% occupancy and growth potential in South Florida’s expanding creative corridor.

Miami, Florida, United States – November 30, 2024 —

DWNTWN Realty Advisors announces the exclusive listing of Rail 71, a creative flex building in the heart of Miami’s emerging Little River district. The recently renovated property, offered at $42.5 million, represents a strategic investment opportunity in South Florida’s expanding creative corridor.

Located at 7205 NE 4th Avenue, Rail 71 blends industrial heritage with modern design. Inside this distinctive space, gallery-style common areas and flexible floor plans attract creative tenants. With its strong 89.3% occupancy, the property delivers steady rental income while offering room for additional leasing growth.

“Rail 71 perfectly captures the momentum of Miami’s creative sector,” says Tony Arellano, Managing Partner at DWNTWN Realty Advisors. “Its location between the Design District and Upper Eastside positions it at the forefront of Miami’s next wave of urban growth.”

Key Investment Highlights:

• 127,562 SF building on 3.69 acres with modern amenities
• Compelling price point at $333 per square foot
• Projected Year 1 NOI of $2.52M with 5.93% initial cap rate
• Potential stabilized cap rate of 9.07%
• Premium location minutes from Design District, Wynwood, and Downtown Miami

The property’s location in Little River’s cultural hub, surrounded by galleries, restaurants, and creative businesses, strengthens its appeal to Miami’s growing creative workforce. Recent market activity shows strong demand, with the submarket averaging 3.33 deals monthly.

“Little River represents Miami’s next creative frontier,” notes Devlin Marinoff, Managing Partner at DWNTWN Realty Advisors. “Rail 71’s authentic character and strategic location make it an exceptional investment opportunity in one of Miami’s most dynamic submarkets.”

To request the offering memorandum or schedule a property tour, contact Tony Arellano or Devlin Marinoff for more details.

For more details about the property, visit: https://miamicrebrokers.com/miami-creative-flex-building-for-sale-little-river/

About the company: DWNTWN Realty Advisors is Miami’s leading urban core real estate firm, specializing in investment sales and advisory services. Led by Tony Arellano and Devlin Marinoff, the firm has completed over $1 billion in transactions throughout Miami’s prime submarkets.

Contact Info:
Name: Devlin Marinoff
Email: Send Email
Organization: DWNTWN Realty Advisors
Address: 2920 NW 5th Ave, Miami, FL 33127
Phone: 305.909.7343
Website: http://dwntwnrealtyadvisors.com/

Release ID: 89147478

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