Address41 Nw 20Th St, Miami, FL, 33127-4929
Price$6,250,000
- Commercial Sale
- Built in 1938
Corner 15,600 SF with T6-8-O zoning. Development potential is up to +/-89,130 SF on 8 levels. The by-right of zoning allowance of 150 units per = 48 residential units. There is potential for substantially more increased area for Boutique Hotels or projects that take advantage of the Live Local SB102 guidelines. Property provides excellent exposure and has natural light on all 4 sides. This is a natural location for a mixed use project that combines retail, professional, and residential uses. Site dimensions are approximately 130’ X 120’. There is currently a tenant in place paying $16,000 per month plus sales tax in rent. May be delivered vacant at closing, or a Buyer could retains tenant for cash flow while planning redevelopment. 2 buildings on site totaling +/- 6,000 SF.
Essential Information
- MLS® #A11479376
- Price$6,250,000
- Bathrooms0.00
- Acres0.00
- Year Built1938
- TypeCommercial Sale
- Sub-TypeMixed
- StyleDetached
- StatusActive
Community Information
- Address41 Nw 20Th St
- Area31
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33127-4929
Exterior
- Lot Description239
Additional Information
- Date ListedNovember 1st, 2023
- Days on Website198
Listing Details
- OfficeGridline Properties
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