Sold
Closed
41 NW 20th St
Miami FL, 33127
$5,795,000
$1,171.42 per sqft
Sold
Closed
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
January 14, 2025
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
257
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
6100
Listing History
Date | Event | Price |
|---|---|---|
9/23/2024 | Sold | $5,795,000 |
Listed by: Gridline Properties
Listing Contact: 305-282-1862
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Data last updated 11:09 PM UTC, 1/14/2025.