Wynwood Building Sells For $331 Per Square Foot
This week in Wynwood, a building zoned for commercial and residential use, sold for $650,000. The mixed use property located at 166 NW 29th Street measures 1,963 square feet and was sold at $331 per square foot. The front of the building provides 800 square feet of retail space with residences behind the storefront. The structure sits on a 6,900 square foot lot fronting Wynwood’s main thoroughfare, NW 29th Street. Eric Gonzalez, a sales associate for Lombardi Properties, represented the seller in the transaction to an anonymous buyer. The landmark sale sets a new high for price points in the bourgeoning Wynwood Arts District.