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$6,500,000
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.Multi Family - for Sale
41 NW 20TH ST, MIAMI, FL 33127
Asking Price$6,500,000
Share by:
- Lot size 15600sqft
- Taxes $73,152
- Year Built 1938
-
Days on market:
27 day(s) Original Price:
$6,500,000Tax Legal Description:
R/S JOHNSON & WADDELLS ADD PB 6-68 LOTS 7 & 8 BLK 12 & E1/2 OF ALLEY LYG & ADJ CLOSED PER ORD 13492 LOT SIZE 15600 SQ FT M/L OR 16173-1832 1-
MLS:
A11479376 -
Property Type:
Multi Family -
Waterfrontage (sqft):
239
Special Listing Conditions:
Sale
Description
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