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24194261
24173450

3660 NW 20th Ave, Miami, FL 33142 For Sale

AD
3284824
RE/MAX 360 Real Estate
Listed by RE/MAX 360 Real Estate
$2,500,000
394 days on market
Updated 107 days ago
Opportunity zone

ALLAPATTAH 71

Details
APN 01-3122-000-0850
Property Type Land, Mixed Use (+1)
Sub Type Apartment Building, Commercial (+1)
Cap Rate 2.68%
NOI $67,000
Occupancy 100%
Tenancy Multi
Lease Term 1
Class C
Stories 2
Lot Size (SqFt) 11,035
Zoning T 5 L
Investment Type Redevelopment
Ownership fee simple
Sale Condition For sale by owner

Land | 11,035 SqFt

Marketing description

The properties consist of two lots totaling approximately 11,036 square feet. Both lots are contiguous and are zoned T5-L and are situated in areas eligible for live local development as well as within a Transit-Oriented Development (TOD) zone. Additionally, both properties are located within a qualified opportunity zone. These combined sites have been submitted for approval of 71 multifamily units. RE/MAX 360 Real Estate is a licensed real estate broker. The provided information is solely meant for informational purposes. It is sourced from reliable channels, yet it may contain errors, omissions, or undergo modifications in terms of price, condition, sale, or availability without prior notification. No guarantee of accuracy is provided for any descriptions or measurements (including square footage). Our intention is not to actively seek properties already listed. Please note that we do not offer financial or legal advice. We support Equal Housing Opportunity.

Investment highlights

PROPERTY HIGHLIGHTS

Folio: 01-3122-000-0850 01-3122-000-0851

Sub-Division: MELROSE / ALLAPATTAH SITE DETAILS

Land Size: +/- 11036

Zoning: T5 - L

Approvals: 71 Units, Site Plan submitted

LOCATION HIGHLIGHTS Within Qualified OZ

Within the TOD Applicable for Live Local

Earlington Station within 2 blocksof proximity West of Wynwood

Listing Contacts

AD
3284824
RE/MAX 360 Real Estate
Listed by RE/MAX 360 Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$67,000.00
$5,583.33/mo

Valuation Metrics

0
DSCR
2.68%
Cap Rate
2.68%
ROI

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