What are median sale prices per square foot in Wynwood & Edgewater (ZIPs 33127, 33137)?

ZIP 33127: $501 on 34 sales; ZIP 33137: $545 on 18 sales. A median mixes property types and ages, so compare the building to similar recorded sales.

How many bank REO transfers appear in the sales data for Wynwood & Edgewater (ZIPs 33127, 33137)?

ZIP 33127: 0, with 34 arm’s-length sales; ZIP 33137: 0, with 18 arm’s-length sales. The count shows what was recorded, not what is for sale today.

Who owns commercial property in Wynwood & Edgewater (ZIPs 33127, 33137)?

ZIP 33127: 82.7% held by entities, 17.1% out-of-state owners; ZIP 33137: 87.8% held by entities, 20.6% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.

How old are commercial buildings in Wynwood & Edgewater (ZIPs 33127, 33137)?

Median year built: ZIP 33127: 1954; ZIP 33137: 1981. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

What is the average building area per parcel in Wynwood & Edgewater (ZIPs 33127, 33137)?

23.5 million SF ÷ 3,007 parcels ≈ 7,822 SF. An average can hide a few very large buildings.

Hypothetical: a 8,000 SF building in Wynwood & Edgewater priced at the ZIP 33127 median of $501 per SF. What is the price?

8,000 × $501 = $4.01 million. That is arithmetic on a median, not an appraisal or an opinion of value.

Same hypothetical 8,000 SF building, with an assumed 7.5% cap rate. What NOI would $4.01 million need?

$4.01 million × 7.5% = $300,600 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.

With $300,600 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?

$300,600 ÷ 1.25 = $240,480 a year. Lender terms vary, so treat 1.25 as an example.

ZIP 33137 has a median of $545 per SF and ZIP 33127 $501. What is the gap on a 8,000 SF building?

$44 × 8,000 = $352,000. ZIP medians can rest on few sales, so check what actually sold.

About how many industrial parcels are in Wynwood & Edgewater (ZIPs 33127, 33137)?

ZIP 33127: 27.0% of 1,729 ≈ 467; ZIP 33137: 7.6% of 1,278 ≈ 97.

Creative Office & Mixed Use · Miami-Dade County

Wynwood & EdgewaterCommercial Real Estate Broker & Market Guide

Wynwood and Edgewater, with Midtown and the Design District just north, form the creative and mixed-use corridor between Downtown and Little River. Former warehouses have become galleries, restaurants and creative office, and new mid-rise buildings are filling the gaps.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Wynwood & Edgewater commercial real estate.

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By the numbers · data as of November 7, 2026

Wynwood & Edgewater commercial real estate by the numbers

The 2026 final tax roll lists 3,007 commercial and industrial parcels with 23.5 million square feet of buildings in Wynwood & Edgewater (ZIPs 33127, 33137), with 52 arm’s-length sales on the roll. Median sale prices run $501–$545 per square foot by ZIP.

Commercial and industrial parcels

3,007

2026 final tax roll

Building square feet

23.5M

2026 final tax roll

Arm’s-length sales

on the roll sales file, excluding hotels

Median $/SF by ZIP

$501–$545

ZIP medians, 5+ sales

ZIP	Parcels	Bldg SF	Sales	Median $/SF	Median year built	Out-of-state owners	Bank REO
33127	1,729	12.9M	34	$501	1954	17.1%	0
33137	1,278	10.6M	18	$545	1981	20.6%	0

For context, Miami-Dade County as a whole has a median of $373 per square foot on 1,278 sales. Year to date through September 2026, the county median is $378, +3.0% from a year earlier.

Miami-Dade County Market Pulse

Asking-side listing data for every Florida county: inventory, days on market, price cuts and listing prices, from Realtor.com® Economic Research. These are listings, not closed sales.

Miami-DadeCounty · details →
Active listings
17,010
down −7.9% YoY
Median days on market
87 days
Listings with price cuts
12.9%
Median listing $/SF
$458
Listing price, YoY
down −1.3%
Median listing price $589K
Market condition
Balanced
vs. Florida statewide^*
Source: Realtor.com® Economic Research, September 2026.

How these figures are calculated

* Market condition. Market condition compares a county's share of active listings with a price reduction and its median days on market with the Florida statewide figures Realtor.com publishes for the same month. Both above the statewide figure: leaning buyer's market. Both below: leaning seller's market. Anything else, including a tie or one missing metric: balanced. Both metrics missing, or no statewide figure for that month: shown as —. This is a read of asking-side listing data only; it is not months of inventory or a measure of closed sales. Florida statewide, September 2026: 20.1% of listings with a price cut, 81 median days on market. Methodology · Data dictionary

Residential. Realtor.com® Economic Research, monthly. Listing counts, days on market and listing prices come from the monthly history; price-cut share and $/SF are stored for the latest month (September 2026) only. Earlier months show the snapshot for that month, not an average. YoY compares a month with the same month a year earlier; for September 2026 it uses Realtor.com's published YoY figures.

Commercial. Florida Department of Revenue tax roll (NAL/SDF) and Florida Department of State (Sunbiz), via LGData; Linton Global calculations. Commercial (DOR 010-039) and industrial (040-049) parcels. Sales and $/SF = arm's-length single-parcel sales (DOR qualification codes 01-02) on the current roll, excluding hotels/motels (DOR 039, which in resort counties includes condo-hotel and vacation-rental units). Areas with fewer than 5 parcels, and $/SF medians from fewer than 5 sales, are suppressed.

The full Miami-Dade County report

Study mode · 11 flash cards

Wynwood & Edgewater Commercial Real Estate

11 cards from the numbers above. Worked examples are hypothetical.

This market in numbers 5Work the numbers 6

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This market in numbers

How much commercial property is in Wynwood & Edgewater (ZIPs 33127, 33137)?: The 2026 final tax roll lists 3,007 commercial and industrial parcels with 23.5 million square feet of buildings.
What are median sale prices per square foot in Wynwood & Edgewater (ZIPs 33127, 33137)?: ZIP 33127: $501 on 34 sales; ZIP 33137: $545 on 18 sales. A median mixes property types and ages, so compare the building to similar recorded sales.
How many bank REO transfers appear in the sales data for Wynwood & Edgewater (ZIPs 33127, 33137)?: ZIP 33127: 0, with 34 arm’s-length sales; ZIP 33137: 0, with 18 arm’s-length sales. The count shows what was recorded, not what is for sale today.
Who owns commercial property in Wynwood & Edgewater (ZIPs 33127, 33137)?: ZIP 33127: 82.7% held by entities, 17.1% out-of-state owners; ZIP 33137: 87.8% held by entities, 20.6% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.
How old are commercial buildings in Wynwood & Edgewater (ZIPs 33127, 33137)?: Median year built: ZIP 33127: 1954; ZIP 33137: 1981. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

Work the numbers

What is the average building area per parcel in Wynwood & Edgewater (ZIPs 33127, 33137)?: 23.5 million SF ÷ 3,007 parcels ≈ 7,822 SF. An average can hide a few very large buildings.
Hypothetical: a 8,000 SF building in Wynwood & Edgewater priced at the ZIP 33127 median of $501 per SF. What is the price?: 8,000 × $501 = $4.01 million. That is arithmetic on a median, not an appraisal or an opinion of value.
Same hypothetical 8,000 SF building, with an assumed 7.5% cap rate. What NOI would $4.01 million need?: $4.01 million × 7.5% = $300,600 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.
With $300,600 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?: $300,600 ÷ 1.25 = $240,480 a year. Lender terms vary, so treat 1.25 as an example.
ZIP 33137 has a median of $545 per SF and ZIP 33127 $501. What is the gap on a 8,000 SF building?: $44 × 8,000 = $352,000. ZIP medians can rest on few sales, so check what actually sold.
About how many industrial parcels are in Wynwood & Edgewater (ZIPs 33127, 33137)?: ZIP 33127: 27.0% of 1,729 ≈ 467; ZIP 33137: 7.6% of 1,278 ≈ 97.

Source: Florida Department of Revenue tax roll and Florida Department of State, via LGData; Linton Global calculations. Commercial and industrial parcels; sales are arm’s-length, single-parcel transfers, excluding hotels and motels. Medians from fewer than 5 sales are not shown, and a small sample can swing a ZIP median, so read each one with its sales count. * Fewer than 10 sales.

Live market data · refreshed as each source publishes

Wynwood & Edgewater: key facts for September 2026

In September 2026, the median listing price in Miami-Dade County was $589K, down 1.3% from a year earlier, with 17,010 homes for sale (Realtor.com).
FHFA’s house price index for Miami-Dade County rose 2.8% in 2025.
Investors took out 19.8% of home-purchase mortgages in Miami-Dade County in 2025 (HMDA; cash purchases not included).
Miami-Dade County had 1,276,535 jobs (2025 annual average), up 1.5% from the prior year (BLS QCEW).
The unemployment rate was 1.9% in September 2026 (BLS, not seasonally adjusted).
Permits were issued for 8,775 housing units in January–September 2026, down 19.9% from the same months a year earlier (U.S. Census Bureau).

Open the Miami-Dade County market report →Miami-Dade County data & trends Explore on the Market Map

ZIP code snapshot for Wynwood & Edgewater

Listing data for September 2026 (Realtor.com) · HUD Fair Market Rent FY2027. *Share of home-purchase mortgages for investment property (2025, HMDA, estimated from census tracts; cash purchases not included). Open any ZIP for its full report.

ZIP	Area	Median list price	vs. last year	Homes for sale	HUD 2BR rent	Investor share*
33127	Miami	$855K	−1.6%	155	$2,060/mo	36.3%	Report →
33137	Miami	$778K	−6.0%	577	$3,460/mo	45.4%	Report →

Sources: Realtor.com® Economic Research, FHFA, U.S. Bureau of Labor Statistics, U.S. Census Bureau. County-level figures; informational only, not an appraisal.

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Wynwood & Edgewater: Market Overview

Wynwood is known for its murals and street art, but its commercial story is adaptive reuse: low-rise warehouses converted to retail, restaurants and creative office, followed by new mid-rise office and residential under the neighborhood’s rezoning.

Edgewater, along Biscayne Bay, is mostly high-rise residential. Midtown Miami adds big-box and neighborhood retail, and the Miami Design District to the north is one of the strongest luxury retail districts in the country.

Technology and creative firms moving to Miami have leased new Wynwood office space. Older warehouse stock that has not been redeveloped still trades on land value.

Economic Drivers

Adaptive Reuse

Warehouses converted to creative office, retail and restaurants

Miami Design District

Luxury retail and design showrooms to the north

Tech & Creative Firms

New mid-rise office leased to relocating companies

Bayfront Residential

Edgewater high-rises along Biscayne Bay

Midtown Retail

Neighborhood and big-box retail serving the corridor

Asset Class Activity in Wynwood & Edgewater

Asset Class	Activity	Market Commentary
Retail	Strong	Food, beverage and experiential retail; luxury in the Design District
Office	Strong	New creative office leases; older conversions vary by building
Multifamily	Strong	Mid-rise in Wynwood, high-rise in Edgewater
Industrial (land play)	Selective	Remaining warehouses often trade on redevelopment value

Why Invest in Wynwood & Edgewater?

This corridor has the most visible adaptive-reuse story in Florida. Land values are high, so the opportunities are in buildings that need capital, partnerships with landowners and properties whose loans come due.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Wynwood & Edgewater?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Wynwood & Edgewater and the broader Miami-Dade County market. He holds NCREA (National Commercial Real Estate Advisor), CREIPS (Certified Real Estate Investment Property Specialist), and REALTOR® credentials, and advises investors, owners, and tenants on multifamily, office, industrial, retail, hospitality, land, mixed-use, medical office, self storage, and special-purpose commercial real estate in Wynwood & Edgewater.

How do I contact a commercial real estate broker in Wynwood & Edgewater?

Contact Michael R. Linton at Linton Global Solutions — (312) 612-1031 or mike@lintonglobal.com — for a free Wynwood & Edgewater commercial real estate consultation. Linton Global Solutions serves Wynwood & Edgewater across all major asset classes and represents both buy-side and sell-side principals, plus 1031 exchange replacement-property sourcing.

What is Wynwood known for in commercial real estate?

Adaptive reuse of warehouses into retail, restaurants and creative office, and newer mid-rise office and residential built under the neighborhood’s rezoning.

Is Edgewater part of Wynwood?

They are neighbors. Edgewater runs along Biscayne Bay east of Wynwood and is mostly high-rise residential; Wynwood is the low- and mid-rise arts and creative district.

Where do distressed and REO commercial properties show up in Wynwood and Edgewater?

Most often in retail and restaurant space with turnover, and in older buildings whose owners cannot fund redevelopment. They usually reach the market through lender dispositions, note sales and foreclosure auctions run by the Miami-Dade Clerk, and many trade before they are ever listed.

Who can help with Wynwood and Edgewater commercial real estate?

Michael R. Linton, Florida Broker #BK703722, and Linton Global Solutions advise on Wynwood and Edgewater acquisitions, dispositions, financing and bank-owned (REO) and distressed commercial property. Our Miami-Dade numbers come from LGData, our database of Florida Department of Revenue tax-roll records.