Active

41 NW 20th St

Miami FL, 33127

$6,500,000


$1,313.93 per sqft

Active

4,947 sqft

Commercial

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.

A11479376

MLS ID

November 1, 2023

Listed

February 15, 2024

Updated

Map

41 NW 20th St
Miami FL, 33127

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.36 Acres

Other Property Details

Taxes

$73,152


Tax Frequency

Annually


Days on Market

65


Garage

No


View

No


County

Miami-Dade County


Pool

No


Zoning

6100


Buyer Agency Compensation

2.25%

Courtesy of Gridline Properties with Jonathan Eismann,
Listing Contact: 305-282-1862 

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 8:52 PM UTC, 2/15/2024.

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