1833 20Th StMiami, FL 33142

Property Details for 1833 20Th St

Year built

1972

Construction

CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

4,470 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Outlet malls

APN

01-3127-045-0680

APU

131270450680

Description

This exceptional 5,940-square-foot warehouse, situated on a high-traffic East-West corridor in Miami's Allappattah neighborhood (West of Wynwood), presents a unique investment opportunity. The property boasts a prime location, benefiting from significant visibility and accessibility. The building features a single tenant occupancy within a two-story structure, offering versatility for a range of uses. The 2,755 square foot space has undergone a complete renovation, making it move-in ready. Its adaptability makes it suitable for retail, showroom, office, warehouse, art gallery, or professional education purposes. On-site parking accommodates seven vehicles, providing ample convenience for employees and customers. The property's zoning classification is 6100, and its APN is 01-31-27-045-0680. With a 50-foot frontage, the building offers excellent street presence. This single-building property comprises one suite across two stories, providing a functional and efficient layout. The property's location within the burgeoning West of Wynwood area positions it for strong future growth and increased value. This is an exceptional opportunity to acquire a well-maintained, versatile commercial property in a rapidly developing Miami neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $5,673,206

  6.5%

  $5,236,805

  7%

  $4,862,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,312,688

  Geo Method

  $4,312,688

• Alternative Use

  Use

  Valuation

  Residential

  $4,417,441

  Hospitality

  $4,046,352

  Educational

  $3,366,518

  Medical

  $3,482,297

  Retail

  $5,236,805

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.795

Longitude

-80.226

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].