79 NW 20th St

Miami, FL, 33127

$5,250,000

$719 per ft²
$5,250,000
$719 per ft²
Active
Active
 - For Sale
carpenters-square
7,297 ft²
property_type
Commercial
calendar
Built 1938
A new retail opportunity in the heart of the high-demand Wynwood market. The value-add building presents a rare and unique opportunity to establish a high-quality investment in one of the most popular districts Miami has to offer. Zoned T6-8-O, and encompassed within the NRD-1 overlay, this property carries a future development potential of up to 12 stories in addition to its income potential as activated retail or restaurant space. Between the dynamic location, the opportunity to upgrade the existing building, and the plethora of allowable uses this building presents unparalleled cashflow opportunities.
MLS® ID:
A11257790
Listed:
7/26/22
Updated:
2/8/23
ONE Sotheby's International Realty
Shayna Davidov Hanson

Exterior/Building Features

Lot Size
9,170 ft² lot
Architectural Style
Office/Retail, Restaurant, Retail
Lot Details
Corner Lot

Other Property Details

Taxes
$37512
Tax Frequency
per YEAR
Garage
No
Parking
On Street
View
N
County
Miami-Dade County
Pool
No
Zoning
T6-8-O/NRD-1
Transaction Broker Compensation
2%

Property History

Date
Event
Price
Value
12/13/22
Price Change
$5,250,000
-11%
9/14/22
Price Change
$5,960,500
-7%

Courtesy of Jamie Maniscalco with APEX Capital Realty LLC
Listing Contact:  

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 11:45 PM UTC, 2/8/23.

ONE Sotheby's International Realty
Shayna Davidov Hanson
Contact