101 NE 20th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
101 NE 20th St
15,250 SF 100% Leased Retail Building Miami, FL 33137 $12,500,000 ($820/SF)
Executive Summary
Exceptional Investment Opportunity in Miami's Vibrant Heart – A Multifaceted Gem Awaiting Your Vision
Premier Location:
Nestled strategically between the dynamic neighborhoods of Edgewater and Wynwood, this multi-use property is situated in a coveted Opportunity Zone, promising significant tax advantages and investment growth potential.
Diverse Portfolio Offering:
- *Expansive Land Holdings:* Spread across 5 lots, this property is a canvas for imagination.
- *Boho Music Venue:* A thriving, established music bar with a rich cultural footprint.
- *Bohio:* A new and exciting private event space, adding diversity to the revenue streams.
- *Residential Assets:* Includes two single-family homes, offering both immediate rental income and long-term value appreciation.
- *Valuable Licenses:* Benefit from an existing liquor license and a catering license, key assets for hospitality ventures.
Price Point: Offered at $13.5 million, this property represents an extraordinary value proposition in one of Miami's most rapidly developing areas.
Development Potential:
- *T6-12 Zoning:* Unlock incredible development potential with zoning advantages for both height and density.
- *Development Waivers:* Leverage the 10% waiver for expanded building possibilities, including a 27’ side setback.
- *Affordable Housing Incentives:* Capitalize on incentives for affordable rentals, with up to 150% Area Median Income.
Strategic Advantages:
- *Proximity to Transit Developments:* Situated near the proposed Metro Mover extension station, enhancing connectivity and accessibility.
- *OMNI CRA Access:* Potential for developing up to 172 residential units, making it a lucrative development prospect.
Discover More:
- *Experience the Vibrance:* Explore the Boho House and the new Bohio venue to appreciate the current success and potential.
- *Data at Your Fingertips:* Review detailed financials and projections
- Visualize the Possibilities: Delve into our detailed presentations for T6-12 and T6-24B zoning potentials
Don't Miss This Rare Opportunity: Secure your stake in Miami's flourishing market. Visit our listing for more details and immerse yourself in our comprehensive video presentation.
Premier Location:
Nestled strategically between the dynamic neighborhoods of Edgewater and Wynwood, this multi-use property is situated in a coveted Opportunity Zone, promising significant tax advantages and investment growth potential.
Diverse Portfolio Offering:
- *Expansive Land Holdings:* Spread across 5 lots, this property is a canvas for imagination.
- *Boho Music Venue:* A thriving, established music bar with a rich cultural footprint.
- *Bohio:* A new and exciting private event space, adding diversity to the revenue streams.
- *Residential Assets:* Includes two single-family homes, offering both immediate rental income and long-term value appreciation.
- *Valuable Licenses:* Benefit from an existing liquor license and a catering license, key assets for hospitality ventures.
Price Point: Offered at $13.5 million, this property represents an extraordinary value proposition in one of Miami's most rapidly developing areas.
Development Potential:
- *T6-12 Zoning:* Unlock incredible development potential with zoning advantages for both height and density.
- *Development Waivers:* Leverage the 10% waiver for expanded building possibilities, including a 27’ side setback.
- *Affordable Housing Incentives:* Capitalize on incentives for affordable rentals, with up to 150% Area Median Income.
Strategic Advantages:
- *Proximity to Transit Developments:* Situated near the proposed Metro Mover extension station, enhancing connectivity and accessibility.
- *OMNI CRA Access:* Potential for developing up to 172 residential units, making it a lucrative development prospect.
Discover More:
- *Experience the Vibrance:* Explore the Boho House and the new Bohio venue to appreciate the current success and potential.
- *Data at Your Fingertips:* Review detailed financials and projections
- Visualize the Possibilities: Delve into our detailed presentations for T6-12 and T6-24B zoning potentials
Don't Miss This Rare Opportunity: Secure your stake in Miami's flourishing market. Visit our listing for more details and immerse yourself in our comprehensive video presentation.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
15,250 SF
Building Class
C
Year Built
1935
Price
$12,500,000
Price Per SF
$820
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
6110 - Current zoning allows for T6-12 Utilize a 10% waiver for a 27’ side setback instead of 30’
Frontage
150 FT on 20 st
Amenities
- Courtyard
- Fenced Lot
- Fireplace
- Food Court
- Restaurant
- Storage Space
- Air Conditioning
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (77)
Bike Score ®
Biker's Paradise (90)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,270 | |
| Land Assessment | $2,010,938 | Total Assessment | $2,017,208 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,010,938
Improvements Assessment
$6,270
Total Assessment
$2,017,208
1 of 32
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
AGK REALTY LLC
101 NE 20th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.