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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.,
, 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
FEATURES- Building Area Total 4947
- Building Area Units Square Feet
- City Miami
- Contract Status Change Date 2023-11-01 00:00:00
- County Or Parish Miami-Dade County
- Current Use Mixed Use
- Days On Market 208
- Directions Google Maps
- Frontage Length 239
- Latitude 26
- List A O R A-Miami Association of REALTORS
- List Price 6250000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Square Feet 15600
- Lot Size Units Square Feet
- Major Change Type Price Decrease
- Mls Status Active
- On Market Date 2023-11-01 00:00:00
- Original List Price 6500000
- Originating System Name miamire
- Parcel Number 01-31-25-054-0430
- Postal Code 33127
- Postal Code Plus4 4929
- Previous List Price 6500000
- Property Sub Type Mixed Use
- Property Type Commercial Sale
- Public Survey Range 31
- Public Survey Section 25
- Public Survey Township 31
- Standard Status Active
- State Or Province FL
- Tax Legal Description 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
- Unparsed Address
41 NW 20th St
Miami FL 33127 - Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/mia/A11479376
- Year Built 1938
- Zoning 6100
Zulma Hernandez
LISTING AGENT
Listing Provided by:
Jonathan Eismann
Gridline Properties
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