Development Opportunity Near Wynwood

60 NW 20th St, Miami, FL 33127

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For Sale

$12,000,000

Two assembled lots near Wynwood with existing income.

Type:Commercial/Industrial

Lot size:

0.47 Acres

HighLights

Development opportunity near Wynwood and Omni areas
Two assembled lots totaling 20,625 sq ft
Existing tenant (Crown Castle) provides $2,869 monthly income plus 80% of property taxes
Month‑to‑month mechanic shop tenant provides $3,000 monthly income
Income generation while planning development
Zoned T6‑8

We can help!

Listing Contact

Magin Hernandez

For Sale

$12,000,000

Two assembled lots near Wynwood with existing income.

Type:Commercial/Industrial

Lot size:

0.47 Acres

Added:: May 19, 2023
Days on Market:: 1124
Last Refresh:: May 20 at 2:49 am

Property Features for 60 NW 20th St

General Information

Standard status: Active
Lot size: 0.47 Acres
Property subtype: Commercial/Industrial

We can help!

Listing Contact

Magin Hernandez

Listing agent Magin Hernandez License #3254306

Listing office Magin New World Realty

Listing date May 19, 2023

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Magin New World Realty

HighLights

Development opportunity near Wynwood and Omni areas
Two assembled lots totaling 20,625 sq ft
Existing tenant (Crown Castle) provides $2,869 monthly income plus 80% of property taxes
Month‑to‑month mechanic shop tenant provides $3,000 monthly income
Income generation while planning development
Zoned T6‑8

Overview

This is a development opportunity near the Wynwood and Omni areas, featuring two assembled lots totaling 20625 square feet. The back lot has Crown Castle as a tenant, with a new monthly payment of $2869, plus 80% of property taxes. Additionally, there is a month-to-month mechanic shop providing $3000 monthly income, offering revenue while planning development. The property is zoned T6 8.

Property Profile Location Intelligence

Current Use by Public Records

Embassy Homeowners Insurance Insurance Agency Osborne Firm Law Firm Synchronic Transmission Expert Auto Repair Shop Miami Clutch & Transmission Auto Repair Shop Miami Auto Love Auto Repair Shop

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.1964
Latitude: 25.7952

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For sale
Commercial land
FL
Miami
33127
60 NW 20th St

What type of property is this?

Commercial land - Two assembled lots near Wynwood with existing income.

Where is this commercial land located?

The property is located at 60 NW 20th St Miami, FL.

What is the asking price?

The asking price for this property is $12,000,000.

What are key features of this property?

This property features: Development opportunity near Wynwood and Omni areas; Two assembled lots totaling 20,625 sq ft; Existing tenant (Crown Castle) provides $2,869 monthly income plus 80% of property taxes