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

  • $6,500,000

Overview

  • Mixed Use
  • Property Type

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 6, 2024 at 8:42 am
  • Price $6,500,000
  • Year Built 1938
  • Property Type Mixed Use
  • Property Status Commercial Sale

Additional details

  • StreetDirPrefix NW
  • PublicSurveyRange 31
  • ListAgentKey 58463dbb2f0286ebc99b9f440a342f29
  • TaxLegalDescription R/S JOHNSON & WADDELLS ADD PB 6-68 LOTS 7 & 8 BLK 12 & E1/2 OF ALLEY LYG & ADJ CLOSED PER ORD 13492 LOT SIZE 15600 SQ FT M/L OR 16173-1832 1
  • OnMarketDate 2023-11-01
  • ListAgentEmail jeismann@gridlineproperties.com
  • ContractStatusChangeDate 2023-11-01
  • MajorChangeTimestamp 2023-11-01T21:23:07.957Z
  • PhotosCount 3
  • SubAgencyCompensation 2.25%
  • StatusChangeTimestamp 2023-11-01T21:23:07.957Z
  • PriceChangeTimestamp 2023-11-01T21:23:07.957Z
  • ListingKeyNumeric 388113493
  • MajorChangeType New
  • ListingContractDate 2023-11-01
  • ListAOR A-Miami Association of REALTORS
  • TaxAnnualAmount 73152
  • ListOfficeName Gridline Properties
  • CurrentUse Mixed Use
  • OriginatingSystemKey miamire
  • BusinessType Other Type
  • DualVariableCompensationYN no
  • PhotosChangeTimestamp 2023-11-01T21:28:51.412Z
  • OriginatingSystemName Miami Association of REALTORS®
  • ListOfficePhone 786-325-5647
  • MlsStatus Active
  • StreetNumber 41
  • ListingKey 43b18b7be9b9838e7cd25cda56a97c88
  • StateOrProvince FL
  • FrontageLength 239
  • ListOfficeKey d89236c4b04ef02941b8eae82b07c899
  • Directions Google Maps
  • BridgeModificationTimestamp 2023-11-02T00:04:36.344Z
  • ListAgentFullName Jonathan Eismann
  • ListAgentOfficePhone 786-325-5647
  • ParcelNumber 01-31-25-054-0430
  • OtherExpense 0
  • IDXParticipationYN yes
  • InternetAddressDisplayYN yes
  • ListAgentMlsId 3243175
  • ModificationTimestamp 2023-11-02T00:00:21.860Z
  • OriginatingSystemID miamire
  • DaysOnMarket 0
  • BuyerAgencyCompensationType %
  • ListOfficeMlsId GPAR01
  • ListAgentDirectPhone 305-282-1862
  • StreetNumberNumeric 41
  • PostalCodePlus4 4929
  • NumberOfUnitsInCommunity 0
  • SyndicationRemarks Just Listed For Sale in Wynwood: 15, 600 SF corner-lot development site. Zoning is T6-8-O. Excellent development opportunity in Wynwood NRD. Corner lot . Priced at $416/SF land value. Current tenant is place occupies 100% of the property which included +/- 5, 000 SF of improved area in fair condition. Tenant pays $15, 450/mo rent. Excellent covered land opportunity with steady cash flow in place while designing your next project. Please note this is just a preliminary listing. Full property summary and massing study shall be added and published shortly.
  • StructureType Free Standing
  • ListAgentStateLicense 3243175
  • PublicSurveyTownship 31
  • ListingAgreement Exclusive Right To Sell
  • PublicSurveySection 25
  • ListingId A11479376
  • SpecialListingConditions Sale
  • OriginalListPrice 6500000
  • BuildingAreaUnits Square Feet
  • InternetEntireListingDisplayYN yes
  • BuyerAgencyCompensation 2.25%
  • InternetAutomatedValuationDisplayYN yes
  • OriginalEntryTimestamp 2023-11-01T21:23:07.957Z
  • SourceSystemKey 388113493
  • DocumentsAvailable Environment Study, Copy Of Lease(S), Site Plans, Existing Survey
  • LotSizeSquareFeet 15600
  • InternetConsumerCommentYN yes
  • BuildingAreaTotal 4947

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