$1263.39 Per Sq Foot $33,551 est/mo Sourced by Back At You

41 NW 20th St,Miami, FL 33127

Miami FL, 33127

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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.

Details

MLS#A11479376
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1938
Days On Site166
Listing Provided ByGridline Properties | Jonathan Eismann

Features

SQ Feet4,947
Zoning6100
Acreage15600.00
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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StateFL
CountyMiami Dade County
CityMiami
Zip Code33127
Area31
Listing VS Median (in 33127)
Price:
$6,250,000
low | high
Med:
$650,000
100% of Average
SqFt:
4,947
low | high
Med:
1,415
100% of Average
$ / SqFt:
$1,263
low | high
Med:
$466
100% of Average
On Site:
166
low | high
Med:
222.5
74.606741573034% of Average
Sourced by Back At You
Listing Updated: April 12, 2024 at 12:03:28 PM PDT