2494 NW 20th St

Miami, FL, 33142

$2,800,000

$233 per ft²
$2,800,000
$233 per ft²
Active
Active
 - For Sale
carpenters-square
12,000 ft²
property_type
Commercial
calendar
Built 1969
Seven Bay Retail Strip in Developing Allapattah. Site is on nw 20 st,t he neighborhood’s Main Street. The property is a 11,537 sf building on a 20,200sf corner lot. Owner is currently completely renovating the building and will deliver in pristine condition with entirely re-done facade, windows, etc. Pro-forma rents are at $210,000/year. Allapattah is one of urban-core Miami’s quickest transitioning neighborhoods. Due to its proximity to Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O, allowing for mixed-use development of up to 70 residential units with retail, office, or hotel uses permissible. great retail income earner today, and great development play in the future
MLS® ID:
A11121919
Listed:
11/6/21
Updated:
7/5/22

Exterior/Building Features

Lot Size
0.46 acres lot

Other Property Details

Taxes
$23294
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Miami-Dade County
Pool
No
Zoning
6100

Property History

Date
Event
Price
Value
4/18/22
Price Change
$2,800,000
101%

Courtesy of Fausto Commercial Realty Consultants Inc

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 8:41 AM UTC, 7/5/22.

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