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Property 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 Map
FL
Miami-Dade County
Miami
33127
41 NW 20th St
W81° 48' 14.8''
N25° 47' 44.9''
MLS Addon
1
Sale
Free Standing
$73,152
Click Here
6100
0
04/01/2024 21:15:24

41 NW 20th St, Miami, Florida 33127

$6,250,000
15,600 size sq.ft.
Listing ID #A11479376
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11479376
Price $6,250,000
Year Built 1938
Days on Market 133
Building Area 4,947
Status Active
Property SubType Mixed Use
Lot Area 15,600 Sqft
List Date 2023-11-02
On Market Date 01/11/2023
Elena Beck
MiamiInvestrealty
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