41 NW 20th St, Miami FL 33127,Miami,Miami-Dade County,Commercial Sale

  • $6,500,000
41 NW 20th St, Miami FL 33127
Commercial Sale Active

41 NW 20th St, Miami FL 33127,Miami,Miami-Dade County,Commercial Sale

41 NW 20th St, Miami FL 33127
  • $6,500,000

Overview

  • Mixed Use
  • Property Type
  • 1938
  • Year Built

Description

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.

  • Address 20th St
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33127

Details

Updated on January 5, 2024 at 7:19 pm
  • Property ID: A11479376
  • Price: $6,500,000
  • Year Built: 1938
  • Property Type: Mixed Use
  • Property Status: Commercial Sale

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Marielle Michel

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