Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Miami Ct Miami Miami, FL 33127

    For Sale
    $18,500,000

    Miami Mixed-Use Investment, High Potential

    Property size:
    26,374 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional mixed-use investment property, located at 2010-2014-2020 NW Miami Court, Miami, FL 33127, presents a compelling redevelopment opportunity in Wynwood's rapidly evolving southeastern quadrant. The property comprises a three-building, three-parcel assemblage totaling 26,374 square feet of leasable space on a 26,374 square foot lot, currently operating at 100% occupancy with multiple tenants under NNN leases. Built in 1938, the Class B property features two stories and is zoned Miami 21 T5-O, allowing for significant development potential. The asking price is $18,500,000, translating to $701.45 per square foot and $687 per square foot based on land value. The property benefits from existing cash flow, offering immediate returns and significant upside potential for future revenue growth. Its prime location places it within close proximity to major new developments, including substantial office, retail, and residential projects, further enhancing its long-term value and investment prospects. This presents a rare chance to capitalize on Wynwood's continued transformation and secure a strong foothold in one of Miami's most dynamic neighborhoods. The property's current tenants generate in-place cash flow, providing a stable foundation for future development plans. This is a unique opportunity to acquire a significant asset in a high-growth area with substantial upside potential.

    Property Features for 0 Miami Ct Miami

    General Information

    Property type
    Mixed-use properties
    Square Feet
    26,374 SF
    Class
    B

    Building Details

    Year Built
    1938
    Buildings
    3
    Stories
    2
    Units
    3

    HighLights

    • Exceptional Wynwood mixed‑use investment opportunity.
    • Three‑building, three‑parcel assemblage totaling 26,374 square feet on a 26,374 square foot lot.
    • 100% occupancy with NNN leases; $18,500,000 asking price ($701.45 PSF, $687 land PSF).
    • Miami 21 T5‑O zoning allows significant development potential.
    • Strong in‑place cash flow with significant upside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Dental Office Spa & Massage Law Firm Restaurant Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.196059
    Latitude
    25.795972

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • $3,850,000

      New Multifamily Units in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,850,000
      7,000 SF

      Miami Multifamily Investment Opportunity

      New 10-unit multifamily property in Little Havana.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Miami Mixed-Use Investment, High Potential
    Where is this mixed-use property located?
    The property is located at Miami Ct Miami Miami, FL.
    What is the asking price?
    The asking price for this property is $18,500,000.
    What are key features of this property?
    This property features: Exceptional Wynwood mixed-use investment opportunity.; Three-building, three-parcel assemblage totaling 26,374 square feet on a 26,374 square foot lot.; 100% occupancy with NNN leases; $18,500,000 asking price ($701.45 PSF, $687 land PSF).
    Request Owner's contact information
    Miami Ct Miami Miami, FL 33127
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Miami Ct Miami
    Miami, FL 33127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Miami Ct Miami Miami, FL 33127
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.