2125 NW 20th St

Miami, FL, 33142

$6,950,000

$196 per ft²
$6,950,000
$196 per ft²
Active
Active
 - For Sale
carpenters-square
35,361 ft²
property_type
Commercial
calendar
Built 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.
MLS® ID:
A11173359
Listed:
3/11/22
Updated:
7/5/22

Exterior/Building Features

Lot Size
1.3 acres lot

Other Property Details

Taxes
$47159
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Miami-Dade County
Pool
No
Zoning
6100

Courtesy of Fausto Commercial Realty Consultants Inc

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Data last updated 8:52 AM UTC, 7/5/22.

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