Land Development Opportunity with
For Sale
$12,000,000
60 Nw 20th St Miami, Miami, FL 33127
Two assembled lots include a back-lot Crown Castle tenant plus a month-to-month mechanic shop.
Property Size5,200 SF
Lot Size0.47 Acres
Price / SF$2,307
Days on Market32
Property Features for 60 Nw 20th St Miami
General Information
Standard status
Active
Size
5,200 SF
Lot size
0.47 Acres
Zoning
6100
Taxes and HOA fees
Annual Taxes
$37,328
Building Details
Building Size
5,200 SF
Year Built
1959
Tenancy
Multi
Listing Agency:
(904) 447-1321
Listed By:
Erin Adamczyk
(904) 447-1321
Source:
Yourfhrm
Added: Jul 13
Changed: Aug 12
Last Checked: Aug 12 at 9:44AM
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 Erin Adamczyk
Investment Insights
Based on property information with market context.
This development opportunity consists of two assembled lots with existing income-producing tenants. The back lot is occupied by Crown Castle under a new monthly payment of $2,869, with additional terms including 80% of property taxes. A mechanic shop is also in place on a month-to-month basis at $3,000 per month.
The property is described as being close to the Wynwood and Omni areas, and it falls under zone T6 8 per the provided remarks. Prospective parties are advised not to disturb the tenants and to drive by the site before submitting a letter of intent.
While the offering information references the total lot area across the assembled parcels, specific square-footage and other dimensional details are not restated here beyond what is included in the remarks.
The property is described as being close to the Wynwood and Omni areas, and it falls under zone T6 8 per the provided remarks. Prospective parties are advised not to disturb the tenants and to drive by the site before submitting a letter of intent.
While the offering information references the total lot area across the assembled parcels, specific square-footage and other dimensional details are not restated here beyond what is included in the remarks.
Key Highlights
- Two assembled lots totaling 20,625 SF, development opportunity
- Back lot leased to Crown Castle with new payment of $2,869/month plus 80% property tax payments
- Additional month‑to‑month mechanic shop rent of $3,000/month
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,245
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two assembled lots include a back-lot Crown Castle tenant plus a month-to-month mechanic shop.
Where is this commercial land located?
The property is located at 60 Nw 20th St Miami 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: Two assembled lots totaling 20,625 SF, development opportunity; Back lot leased to Crown Castle with new payment of $2,869/month plus 80% property tax payments; Additional month‑to‑month mechanic shop rent of $3,000/month
