2125 20th St , for Sale & Rent

2125 20th St for Sale & Rent

Price $6,950,000.00

• Lot size 56517
• Year Build 1979
• Waterfront
• Zip 33142
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Seventeen Unit Retail Assemblage with potential for 195 unit Mixed Use Development. Site is on NW 20 st, The neighborhood?s Main Street. The property is a 35,361 sf of building on a 56,715sf assemblage. Current rents yield $407,055 gross. Allapattah is one of urban-core Miami?s quickest transitioning neighborhoods. Due to its proximity to Wynwood, Brickell, Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O and D1, with pathway to consolidate as T68O, allowing for mixed-use development of up to 195 residential units with retail, office, or hotel uses permissible. This zoning allows for the site to be a great retail income earner today, and great development play in the future.

BGB SUB PB 130-40 TR A LOT SIZE .679 AC M/L

Seventeen Unit Retail Assemblage with potential for 195 unit Mixed Use Development. Site is on NW 20 st, The neighborhood?s Main Street. The property is a 35,361 sf of building on a 56,715sf assemblage. Current rents yield $407,055 gross. Allapattah is one of urban-core Miami?s quickest transitioning neighborhoods. Due to its proximity to Wynwood, Brickell, Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O and D1, with pathway to consolidate as T68O, allowing for mixed-use development of up to 195 residential units with retail, office, or hotel uses permissible. This zoning allows for the site to be a great retail income earner today, and great development play in the future.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Latitude:25.794845,List Price:6950000,Listing Id:A11173359,Longitude:-80.230323,Mls Status:Active,Year Built:1979,Postal Code:33142,Street Name:20th St,Coordinates:1:25.794845,Photos Count:2,Business Type:1:Store/Warehouse Combination,Days On Market:128,Lot Size Units:Square Feet,On Market Date:2022-03-12,Parcel Number:01-31-27-101-0010,Property Type:Commercial Sale,Street Number:2125,Public Remarks:Seventeen Unit Retail Assemblage with potential for 195 unit Mixed Use Development. Site is on NW 20 st, The neighborhood?s Main Street. The property is a 35,361 sf of building on a 56,715sf assemblage. Current rents yield $407,055 gross. Allapattah is one of urban-core Miami?s quickest transitioning neighborhoods. Due to its proximity to Wynwood, Brickell, Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O and D1, with pathway to consolidate as T68O, allowing for mixed-use development of up to 195 residential units with retail, office, or hotel uses permissible. This zoning allows for the site to be a great retail income earner today, and great development play in the future.,County Or Parish:Miami-Dade County,Expiration Date:2023-03-08,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7309,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:47159,Unparsed Address:2125 NW 20th St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Building Area Total:35361,Building Area Units:Square Feet,Lot Size Square Feet:56517,Original List Price:6950000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Seventeen Unit Retail Assemblage with potential for 195 unit Mixed Use Development. Site is on NW 20 st, The neighborhood?s Main Street. The property is a 35,361 sf of building on a 56,715sf assemblage. Current rents yield $407,055 gross. Allapattah is one of urban-core Miami?s quickest transitioning neighborhoods. Due to its proximity to Wynwood, Brickell, Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O and D1, with pathway to consolidate as T68O, allowing for mixed-use development of up to 195 residential units with retail, office, or hotel uses permissible. This zoning allows for the site to be a great retail income earner today, and great development play in the future.,Listing Contract Date:2022-03-12,Originating System I D:miamire,Public Survey Section:27,Street Number Numeric:2125,Tax Legal Description:BGB SUB PB 130-40 TR A LOT SIZE .679 AC M/L,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.0%,Contract Status Change Date:2022-03-12,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,