2010,2014,2020 Miami Ct ,Mixed Use for Sale

2010 for Sale

Price $18,500,000.00

• Lot size 26274
• Year Build 1938
• Waterfront
• Zip 33127
• Style
• Parking Description Assigned, Free Parking, On Street
• Pool Yes
• Status Active

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. Current tenants in place-

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.

25 53 41 PB 6-68 R/S JOHNSON & WALDDELLS ADD LOT 5 BLK 12 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6550 SQ FT M/L

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. Current tenants in place-

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Latitude:25.7962648,List Price:18500000,Listing Id:A11317463,Longitude:-80.1960716,Mls Status:Active,Year Built:1938,Postal Code:33127,Street Name:Miami Ct,Coordinates:1:25.7962648,Photos Count:13,Business Type:1:Restaurant/Bar,Days On Market:654,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2022-12-16,Parcel Number:01-31-25-054-0410,Property Type:Commercial Sale,Street Number:2010,2014,2020,Open Parking Y N:1,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. Current tenants in place-,Structure Type:1:Office/Warehouse Combination,2:Retail,County Or Parish:Miami-Dade County,List Office Name:One Sotheby's International Re,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.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Free Parking,2:On Street,Postal Code Plus4:4920,Property Sub Type:Mixed Use,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:26655,Unparsed Address:2010,2014,2020 NW Miami Ct, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Building Area Total:26274,Building Area Units:Square Feet,Lot Size Square Feet:19650,Number Of Buildings:3,Original List Price:18500000,Public Survey Range:31,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. Current tenants in place-,Listing Contract Date:2022-12-16,Originating System I D:miamire,Public Survey Section:25,Street Number Numeric:2010,Tax Legal Description:25 53 41 PB 6-68 R/S JOHNSON & WALDDELLS ADD LOT 5 BLK 12 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6550 SQ FT M/L,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Builders opportunity in the heart of Wynwood,build 8 stories height, appx 125,000 SF gross buildable and 66 residential/com units or 132 hotel rooms.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2022-12-16,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,