2010, 2014, 2020 Miami Court , for Sale & Rent

2010 for Sale & Rent

Price $13,500,000.00

  • Lot size 26274
  • Year Build
  • Waterfront
  • Zip 33127
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
Contact usSchedule Tour

Description

This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood?s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood?s SE Quadrant. Several significant new projects such as CIM Group?s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global?s fashionable Arlo Hotel, are located within only a block or two of the property.

Offering comprises folios 01-3125-054-0400, 0410 & 0420. Taking advantage of existing Wynwood Public Benefits Program bonuses the property potentially allows for up to 8 stories in height, approx 125,000 SF gross buildable space and 66 residential / commercial units or 132 hotel rooms. The abutting properties on north and south side can be purchased as well, greatly increasing development potential.

This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood?s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood?s SE Quadrant. Several significant new projects such as CIM Group?s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global?s fashionable Arlo Hotel, are located within only a block or two of the property.

City:Miami,List A O R:A-Miami Association of REALTORS,List Price:13500000,Listing Id:A10758127,Mls Status:Active,Inclusions:Equipment,Furniture/Fixtures,Inventory,Leases,Living Area:11250,Postal Code:33127,Street Name:Miami Court,Coordinates:1:25.8105183,Photos Count:7,Business Type:1:Retail Space,Days On Market:748,Lot Size Units:Square Feet,On Market Date:2019-10-17,Parcel Number:01-31-25-054-0410,Property Type:Commercial Sale,Street Number:2010, 2014, 2020,Public Remarks:This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood?s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood?s SE Quadrant. Several significant new projects such as CIM Group?s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global?s fashionable Arlo Hotel, are located within only a block or two of the property.,Structure Type:1:Hotel/Motel,2:Industrial/Manufacturing,3:Office/Warehouse Combination,4:Office,5:Retail,6:Store/Warehouse Combination,7:Warehouse,County Or Parish:Miami-Dade County,Expiration Date:2022-10-22,Private Remarks:Offering comprises folios 01-3125-054-0400, 0410 & 0420. Taking advantage of existing Wynwood Public Benefits Program bonuses the property potentially allows for up to 8 stories in height, approx 125,000 SF gross buildable space and 66 residential / commercial units or 132 hotel rooms. The abutting properties on north and south side can be purchased as well, greatly increasing development potential.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,State Or Province:FL,Street Dir Prefix:NW,Unparsed Address:2010, 2014, 2020 NW Miami Court, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Building Area Total:26274,Building Area Units:Square Feet,Lot Size Square Feet:19650,Original List Price:12000000,Previous List Price:12000000,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood?s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood?s SE Quadrant. Several significant new projects such as CIM Group?s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global?s fashionable Arlo Hotel, are located within only a block or two of the property.,Listing Contract Date:2019-10-17,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:2010,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:11250,Contract Status Change Date:2019-10-17,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:1200,

  • Price $13,500,000.00
  • Price Change: 2021-06-23
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2021-06-23
  • Days on Market 824
  • Furnished
  • City Miami
  • Zip 33127
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes
  • Taxes Year