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2560 NW 20th St

Miami, FL 33142
  • $3,500,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: A11587767
UPDATED: 119 min ago
$3,500,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

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.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-06-18T15:50:55.53.
www.roseharrisgroup.com/homes/150525013
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2560 NW 20th St Miami, FL 33142

  • Price: $3,500,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 119 min ago
  • MLS #: A11587767
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1971
Built
County:
Miami-Dade
Property Description
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.
Exterior Features

Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 0

Property Features

Association YN No Business Type ApartmentsResidential-Multi-Family Horse YN No New Construction YN No Property Sub Type Mixed Use Public Survey Section 34 Special Listing Conditions Sale Tax Annual Amount 42358 Zoning 6100

Listing courtesy of Luxe Properties: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-06-18T15:50:55.53.
 
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The Rose Harris Group | ONE Sotheby's International Realty
119 Washington Ave
Miami Beach FL, 33139