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 

Based on information from the 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 7:57 AM UTC, 2/15/2024.

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