37 Acres of Improved Commercial Land for Sale in Miami, Florida
2205 NW 20th St, Miami, FL 33142
This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8,546 SF building on .37 acres (16,177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.
Directions
Take sw 17 av. to NW 20 st. Turn West to address. Property is on the corner on the right hand side.
Property details
- County
- Miami-Dade County
- Elevation
- 7 feet
- MLS Number
- MAOR A11447374
- Date Listed
Legal description
DR BURKHARTS WINTER GDNS PB 5-22 LOTS 17 & 18 LESS S25FT ST & LOT 19 LESS S25FT & LESS R/W BLK 8 LOT SIZE 16177 SQUARE FEET OR 21609-3587 09
Parcels
- 01-31-27-046-1770
Property taxes
- 2022
- $28,762
Resources
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- RE/MAX International
Structure
- Materials
- Block, Stucco
- Roof
- Concrete Tile
- Cooling
- Central A/C
- Heating
- Central Furnace
Exterior
- Parking Spots
- 17
Interior
- Floors
- Concrete
- Features
- Security System
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 5, 2024 | Relisted | $5,595,000 | — | MAOR |
| Mar 1, 2024 | Listing removed | $5,595,000 | — | — |
| Jan 11, 2024 | Price decrease | $5,595,000 | $154,000 -2.7% | MAOR |
| Sept 6, 2023 | New listing | $5,749,000 | — | MAOR |