USD 1,700,000

2494 NW 20th St
Miami, Florida 33142

For Sale

Property Description

20 st Corner Strip Center, Fully Leased Out at below market rents with mo-to-mo tenancy. Significant upside on rents, up to $16psf nnn. Underlying zoning is T-6-8-O, permitting for mixed use 150 units per acre, retail, office, hotel, etc, up to 8 stories. Area has several nearby developments going vertical, as the scarcity of attainable housing in miami only grows. This site is a covered land play, with great income in place, and a path to development due to favorable zoning and market conditions in the future.

Listed by Fausto Commercial Realty Consultants Inc

Property Details

ID #
A11002021
Status
Sale
Type
Commercial, Industrial
Zip Code
33142
Year Built
1969
Occupancy
Tenant Occupied
Type of Building
Shopping Center
Utilities
Internet
Zoning Information
6100
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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