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
