1792 20Th StMiami, FL 33142

Property Details for 1792 20Th St

Year built

1995

Construction

CONCRETE

Lot size

0.38 AC

Property size (Sq ft)

8,576 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Outlet malls

APN

01-3134-009-0170

APU

131340090170

Description

This exceptional single-tenant property at 1792 NW 20th St, Miami, FL 33142, offers a flexible space ideal for a variety of businesses. The building is a one-story structure with a total area ranging from 1,500 to 3,000 square feet, categorized as both creative and traditional office space, and also suitable for retail use. Tenants will benefit from convenient access to ample parking with 10 spaces available on-site. There is no elevator in the building. Situated in the thriving Allapattah neighborhood, this property boasts unparalleled visibility and high car traffic along the bustling 20th Street Corridor. Its strategic location provides easy access to Wynwood, Midtown, and the Design District, ensuring exposure to a diverse and dynamic customer base. This presents a unique opportunity for businesses seeking a prominent presence in a rapidly growing area of Miami. The property's versatility makes it suitable for a range of businesses looking to establish or expand their operations in a vibrant and convenient location. Don't miss this chance to secure your space in this up-and-coming neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $10,884,432

  6.5%

  $10,047,168

  7%

  $9,329,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,274,186

  Geo Method

  $8,274,186

• Alternative Use

  Use

  Valuation

  Residential

  $8,475,162

  Hospitality

  $7,763,203

  Educational

  $6,458,894

  Medical

  $6,681,025

  Retail

  $10,047,168

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7944

Longitude

-80.2251

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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