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Assembled Development Lot with Tenants
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60 Nw 20th St, Miami, FL 33136

Assembled lot zoned T6-8 featuring an on-site mechanic shop and a back-lot Crown Castle tenant.

Property Size5,200 SF
Price / SF$2,307
Days on Market1140

Property Features for 60 Nw 20th St

General Information

Standard status Active
Size 5,200 SF
Property subtype LAND
Listing Agency: Magin New World Realty
Listed By: Magin Hernandez · License #3254306
Source: Moodyscre
Added: Jun 22, 2023 Changed: Jul 28 Last Checked: Jul 28 at 10:06PM

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

Investment Insights

Based on property information with market context.

This assembled development lot is offered as a development opportunity with existing income from current tenants. The back portion is leased to Crown Castle with a new monthly payment of $2,869 plus 80% of property taxes, and there is also a month-to-month mechanic shop currently operating on the site at $3,000 per month.

The property is described as being close to the Wynwood and Omni areas. The available information also notes a zone of T6-8. Tenants may be on-site, and buyers are instructed not to disturb the tenant’s driving activity prior to submitting a LOI.

Key Highlights

  • 2 assembled lots on 20th St totaling 20,625 SF
  • Zoned T6‑8
  • Back lot includes a Crown Castle tenant

Property Analytics

Current Use

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

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Adult Day Care Buffet Butcher Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,245
Businesses Nearby

Demographics for 33136, FL

15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Assembled lot zoned T6-8 featuring an on-site mechanic shop and a back-lot Crown Castle tenant.
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: 2 assembled lots on 20th St totaling 20,625 SF; Zoned T6‑8; Back lot includes a Crown Castle tenant
(305) 803-5192 Call to check price and availability
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