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3660 NW 20th Ave - ALLAPATTAH 71 0.25 Acres of Commercial Land Offered at $2,500,000 in Miami, FL 33142

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INVESTMENT HIGHLIGHTS

  • Earlington station 1 block away
  • current NOI +-71,000.00
  • Live Local development

EXECUTIVE SUMMARY

SITE DETAILS
Land Size: +/- 11,036
Zoning: T5 - L
Approvals: 71 Units, Site Plan submitted
LOCATION HIGHLIGHTS
Within Qualified OZ
Within the TOD Applicablefor Live Local
Earlington Station within 2 blocks proximity
"West of Wynwood"

ATTACHMENTS

Allapattah 71

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.25 AC
No. Stories 1
Opportunity Zone Yes
Zoning T 5 L - T5 = Urban Center Transect L = Limited (less intense than T5-O and T5-R) ? Key Features of T5-L: Intensity: Moderate to high urban density

1 LOT AVAILABLE

Lot 1 & 2

Price $2,500,000
Price Per AC $9,867,693.96
Lot Size 0.25 AC

The properties consist of two lots totaling approximately 11,036 square feet. Both lots are contiguous and are zoned T5 - L and are situated in areas eligible for live local development as well as within a Transit-Oriented Development (TOD) zone.

DESCRIPTION

The properties consist of two lots totaling approximately 11,036 square feet. Both lots are contiguous and are zoned T5 - L and are situated in areas eligible for live local development as well as within a Transit-Oriented Development (TOD) zone. Additionally, both properties are located within a qualified opportunity zone. These combined sites have been submitted for approval of 71 multifamily units.

Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3122-000-0850
Land Assessment
$323,640 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$323,640 (2025)
Annual Taxes
($1)
Tax Year
2024
  • Listing ID: 36319423

  • Date on Market: 6/19/2025

  • Last Updated:

  • Address: 3660 NW 20th Ave, Miami, FL 33142

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