2205 NW 20th St

$5,595,000

3,982,643 sqft lot
2205 NW 20th St Allapattah

14

Home61's Closings in

Allapattah

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
3,982,643 sqft
Tax
$28,762   (2022)
$ /sqft
-
Tenant Occupied
No
Parking Space
17
Building
-
On market
238 days
$ /sqft
-
Type
other
Year Built
1995
Unit
-
Zip Code
33142
Ref./MLS ID
A11447374

DESCRIPTION

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.  


Data is provided by Miami Board of Realtors.

Public transportation

NW 20 St & NW 22 Av
32
0 mins
NW 22 Av & NW 20 St
22
0 mins
NW 22 Av & NW 21 Te
22
1 mins
NW 20 St & NW 22 Pl
32
1 mins

Nearby School In Allapattah

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
4
Maya Angelou Elementary School
PK-5
0.8 miles
4
Ramz Academy K-5 Miami Campus
K-5
1.1 miles
4
Kensington Park Elementary School
PK-5
1.2 miles
5
Miami Jackson Senior High School
9-12
1.1 miles
Listed on September 05, 2023 by Paul Silverstein from RE/MAX Advance Realty, this other is for sale. other for sale in Allapattah listed at $5,595,000, Reference A11447374

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The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.