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EXECUTIVE SUMMARY
This rare industrial offering in Miami’s Allapattah district presents a unique opportunity to acquire a fully entitled automotive site with grandfathered body shop use—an increasingly scarce designation in today’s regulatory environment. Spanning 11,764 square feet, the property is zoned IU-1 and is ready for immediate operation, eliminating the delays and uncertainty typically associated with permitting for automotive or repair businesses.
The property features ample outdoor space suitable for vehicle staging, equipment storage, or future expansion. With its flexible zoning and strong logistical positioning, this site is equally attractive to owner-users seeking operational readiness or investors targeting long-term redevelopment upside in one of Miami’s most active industrial submarkets.
The property features ample outdoor space suitable for vehicle staging, equipment storage, or future expansion. With its flexible zoning and strong logistical positioning, this site is equally attractive to owner-users seeking operational readiness or investors targeting long-term redevelopment upside in one of Miami’s most active industrial submarkets.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,837 SF
Building Class
C
Year Built
1990
Price
$1,100,000
Price Per SF
$286.68
Percent Leased
100%
Building Height
1 Story
Building FAR
0.33
Lot Size
0.27 AC
Parking
8 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
97’ on Northwest 23rd Terrace
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-3128-006-0700 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $414,192 |
PROPERTY TAXES
Parcel Number
30-3128-006-0700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$414,192
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3020 NW 23rd Ter
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