0 Miami Ct MiamiMiami, FL 33127

Property Details for 0 Miami Ct Miami

Year built

1938

Property size (Sq ft)

26,374 SF

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.796

Longitude

-80.1961

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