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Seven-Bay Retail Strip
For Sale
Contact for pricing
Pending

2494 NW 20th St, Miami, FL 33142

Corner retail property undergoing a full exterior renovation with mixed-use development potential.

Property Size11,537 SF
Lot Size0.46 Acres
Days on Market145

Property Features for 2494 NW 20th St

General Information

Standard status Pending
Size 11,537 SF
Lot size 0.46 Acres
Property subtype Retail
Zoning T-6-8-O

Additional Details

Road Access Yes
Land Use retail, mixed-use

Building Details

Buildings 1
Listing Agency: Fausto Commercial Realty Consultants
Listed By: Carlos Miranda · License #FL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 11:26AM

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 Fausto Commercial Realty Consultants

Investment Insights

Based on property information with market context.

The property comprises a seven-bay retail building totaling 11,537 square feet on a 20,200-square-foot corner lot. The owner is completing a comprehensive renovation that includes a redesigned facade and replacement windows, with the building scheduled for delivery in fully renovated condition.

Located at 2494 NW 20th St in Miami’s Allapattah area, the property fronts NW 20th Street. The underlying T-6-8-O designation supports mixed-use development, including up to 70 residential units, with retail, office, and hotel uses permitted. This creates a combination of existing retail space and future redevelopment flexibility.

Key Highlights

  • Seven‑bay retail building totaling 11,537 sf
  • Situated on a 20,200sf corner lot
  • Comprehensive renovation includes a reworked facade and new windows

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Garden Center Restaurant Bakery Butcher Catering Service

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,431
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
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?
Strip mall - Corner retail property undergoing a full exterior renovation with mixed-use development potential.
Where is this strip mall located?
The property is located at 2494 NW 20th St Miami, FL.
What are key features of this property?
This property features: Seven‑bay retail building totaling 11,537 sf; Situated on a 20,200sf corner lot; Comprehensive renovation includes a reworked facade and new windows
(305) 431-2258 Call to check price and availability
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