Price Reduced 3.85%
Price History
$6,500,000
11/1/2023
$6,250,000
3/14/2024
41 NW 20th St, Miami, FL, 33127
1938
Detached
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.
Status:
Active
Type:
Commercial
Zoning:
6100
Est. Taxes:
$73,152
Days on Market:
208
MLS #:
A11479376
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Listing courtesy of Gridline Properties Phone: 786-325-5647