Sold
2125 NW 20th St
Miami FL, 33142
$6,950,000
$196.54 per sqft
Sold
35,361 sqft
Commercial
Built in 1979
Seventeen Unit Retail Assemblage with potential for 195 unit Mixed Use Development. Site is on NW 20 st, The neighborhood's Main Street. The property is a 35,361 sf of building on a 56,715sf assemblage. Current rents yield $407,055 gross. Allapattah is one of urban-core Miami's quickest transitioning neighborhoods. Due to its proximity to Wynwood, Brickell, 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 and D1, with pathway to consolidate as T68O, allowing for mixed-use development of up to 195 residential units with retail, office, or hotel uses permissible. This zoning allows for the site to be a great retail income earner today, and great development play in the future.
A11173359
MLSⓇ ID
March 12, 2022
Listed
February 15, 2024
Updated
Map
2125 NW 20th St
Miami FL, 33142
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.3 Acres
Other Property Details
Taxes
$47,159
Tax Frequency
Annually
Days on Market
171
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
6100
Buyer Agency Compensation
2.0%
Listing History
Date | Event | Price |
---|---|---|
11/10/2023 | Sold | $6,950,000 |
Courtesy of Fausto Commercial Realty Consultants Inc with Carlos Miranda,
Listing Contact: 305-431-2258
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Data last updated 7:57 AM UTC, 2/15/2024.