1495 NW 20Th St Miami, FL 33142
Office buildings
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Individually Owned
29-yr Hold
~
Est. High Equity
For Sale
1 / 8
Contact for pricing
1495 NW 20Th St, Miami, FL 33142
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Estimated value (blended)
$450k
Range $405k – $495k (±10%)
Property ID
US18-1811376
Property summary
AI-generated overview
This exceptional 10,597 square foot commercial lot in Miami's Allapattah neighborhood presents a unique redevelopment opportunity. Currently operating as a medical office, the property is situated on a highly desirable corner at NW 20th Street and 15th Avenue, a key intersection connecting Allapattah to Wynwood, Edgewater, the Civic Center, and U-Health Medical Districts. Zoned T6-8-O, this site boasts a high density of 150 du/acre and allows for a wide variety of uses, including retail, residential, office, and hotel. Development potential includes an eight-story building with a four-story bonus, offering significant flexibility for future projects. The existing 1,260 square foot building is currently 100% occupied with a lease offering 3-5 year options and 4% annual rent bumps. The property includes 15 parking spaces. Adjacent properties are also available for acquisition, allowing for expansion of the development footprint. Offered at $4,250,000 ($3,373.02 per square foot), this is an unparalleled chance to capitalize on Allapattah's burgeoning growth and create a landmark development. The sale includes a leaseback option.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1991
Construction
CONCRETE
Total area
1,260 SF
Lot
0.24 ac (10,597 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3126-021-0620
UPID
US18-1811376
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hospital
-
Pediatrician Medical Clinic
-
Pediatrician Medical Clinic
-
Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$450k
Owner & transaction history
since 1997
2 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 14 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$450k
Value range
$405k – $495k
±10% around blend
Estimated value / SF
$357 / SF
Confidence
High
14 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$405k
blend $450k
$495k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,260 SF
Lot area
0.24 ac
Year built
1991
Stories
1
APN
01-3126-021-0620
Assessed value
$1,168,128
Annual tax
$16,780
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$657k
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.6 mi away · 1,232 SF
3.0 mi away · 1,057 SF
4.4 mi away · 1,376 SF
6.7 mi away · 965 SF
6.7 mi away · 965 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$450k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 2091 sales
$682
-48%
County 2270 sales
$649
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $357/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.17M
Move the market yield to see immediate price impact.
Value / SF
$927
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$74k
$1.47M
$1.05M
$818k
$82k
$1.64M
$1.17M
$909k
$90k
$1.80M
$1.28M
$999k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$1.10M
2.1 mi · Dec 2025 · $728/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,780
Tax year 2023
Assessed value
$1,168,128
Assessed 2023
Previous assessed
$798,760
+46.2% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,059,700
Assessed improvement
$108,428
Land market value
$1,059,700
Improvement market value
$108,428
Total market value
$1,168,128
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1991
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,260 SF
Lot
0.24 ac (10,597 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3126-021-0620
UPID
US18-1811376
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1991
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.24 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6100:COMMERCIAL,NEIGHBRHD
Jurisdiction
Miami, FL
Recorded code
6100:COMMERCIAL,NEIGHBRHD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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