Active
2560 NW 20th St
Miami FL, 33142
$2,650,000
Active
Commercial
Built in 1971
The development potential of the property is supported by the city's "Miami 21" zoning code and the state's "Live Local Act." Under the current zoning provisions of Miami 21, the property is eligible for significant development, capable of supporting up to 75 residential units or 150 lodging units. This development can span a floor area of approximately 88,000 square feet, with building heights reaching up to eight stories.
Under the "Live Local Act," the property's development capacity could be increased if specific conditions are met: if a rental multifamily project dedicates 40% of its units to workforce or affordable housing, and if a mixed-use project is proposed with at least 65% of the floor area designated as residential, the site could support up a height of 12 stories.
A11587767
MLSⓇ ID
May 8, 2024
Listed
September 17, 2024
Updated
Map
2560 NW 20th St
Miami FL, 33142
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.51 Acres
Other Property Details
Taxes
$42,358
Tax Frequency
Annually
Days on Market
62
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
6100
Listing History
Date | Event | Price |
|---|---|---|
7/9/2024 | Price change | $2,650,000 -25% |
Listed by: Luxe Properties
Listing Contact: 786-499-6967
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 12:23 PM UTC, 9/17/2024.