Development Opportunity Near
For Sale
$12,000,000
60 Nw 20th St Miami, Miami, FL 33127
Two assembled lots near Wynwood with existing income.
Property Size5,200 SF
Lot Size0.47 Acres
Price / SF$2,307
Days on Market224
Property Features for 60 Nw 20th St Miami
General Information
Standard status
Active
Size
5,200 SF
Lot size
0.47 Acres
Zoning
6100
Site & Location
Neighborhood
Northeast Overtown
Taxes and HOA fees
Annual Taxes
$37,328
Building Details
Building Size
5,200 SF
Year Built
1959
Listed By:
Erin Adamczyk
(904) 447-1321
Source:
Yourfhrm
Added: Mar 26
Changed: Oct 31
Last Checked: Oct 7 at 9:55AM
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
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Investment Insights
Based on property information with market context.
This property presents a development opportunity near the Wynwood and Omni areas, comprising two assembled lots totaling 20,625 square feet. The property currently has Crown Castle as a tenant on the back lot, generating a monthly income of $2,869, plus 80% of property taxes. Additionally, a mechanic shop operates on a month-to-month basis, contributing $3,000 in monthly income. The zoning is T6 8, allowing for various development possibilities. This arrangement allows for income generation while planning the development.
Key Highlights
- Development opportunity near Wynwood and Omni areas.
- Two assembled lots totaling 20625 sq ft.
- Existing tenant (Crown Castle) provides $2869 monthly income plus 80% of property taxes.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
6,245
Businesses Nearby
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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
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Frequently Asked Questions
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 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 20625 sq ft.; Existing tenant (Crown Castle) provides $2869 monthly income plus 80% of property taxes.
