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DESCRIPTION
This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood’s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood’s SE Quadrant. Several significant new projects such as CIM Group’s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global’s fashionable Arlo Hotel, are located within only a block or two of the property. Current tenants in place-,
, 25 53 41 PB 6-68 R/S JOHNSON & WALDDELLS ADD LOT 5 BLK 12 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6550 SQ FT M/L
FEATURES- Building Area Total 26274
- Building Area Units Square Feet
- City Miami
- Contract Status Change Date 2022-12-16 00:00:00
- County Or Parish Miami-Dade County
- Days On Market 538
- Expiration Date 2023-12-15 00:00:00
- Latitude 26
- List A O R A-Miami Association of REALTORS
- Listing Terms All Cash
- List Price 18500000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Square Feet 19650
- Lot Size Units Square Feet
- Major Change Type New
- Mls Status Active
- On Market Date 2022-12-16 00:00:00
- Open Parking Yes
- Original List Price 18500000
- Originating System Name miamire
- Parcel Number 01-31-25-054-0410
- Possession Funding
- Postal Code 33127
- Postal Code Plus4 4920
- Property Sub Type Mixed Use
- Property Type Commercial Sale
- Public Survey Range 31
- Public Survey Section 25
- Public Survey Township 31
- Standard Status Active
- State Or Province FL
- Tax Legal Description 25 53 41 PB 6-68 R/S JOHNSON & WALDDELLS ADD LOT 5 BLK 12 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6550 SQ FT M/L
- Unparsed Address
2010
2014
2020 NW Miami Ct
Miami FL 33127 - Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/mia/A11317463
- Year Built 1938
- Zoning 6101
Tracy Mani
LISTING AGENT
Listing Provided by:
Mina Taskiran
One Sotheby's International Re
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
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.
