Sold
2494 NW 20th St
Miami FL, 33142
$2,800,000
$233.33 per sqft
Sold
12,000 sqft
Commercial
Built in 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
A11121919
MLSⓇ ID
November 7, 2021
Listed
February 15, 2024
Updated
Map
2494 NW 20th St
Miami FL, 33142
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Other Property Details
Taxes
$23,294
Tax Frequency
Annually
Days on Market
338
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
6100
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
11/10/2023 | Sold | $2,800,000 |
Listed by: Fausto Commercial Realty Consultants Inc
Listing Contact: 305-431-2258
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Data last updated 7:55 AM UTC, 2/15/2024.