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3737 NW 20th Ct - ALLAPATTAH 42 LIVE LOCAL 0.23 Acres of Commercial Land Offered at $1,630,000 in Miami, FL 33142
Investment Highlights
- Sits in TOD
- anticipated approval Q2 2026
- OZ property
- Existing Cash Flow
Executive Summary
The offering consists of an outstanding redevelopment opportunity in the Allapattah submarket, located within a qualified opportunity zone: “ALLAPATTAH 42 LIVE LOCAL.” This lot features a single-family home on a 10,000 square foot parcel. This lot is zoned T5-L and is eligible for live local development, as well as being located within a Transit-Oriented Development (TOD) zone. Additionally, the property is situated within a qualified opportunity zone. The home is currently rented, providing income during the entitlement process.
Approvals: 42 Units, Site Plan to be Approved
Existing Cash Flow
Within Qualified OZ/Within the TOD Applicable for Live Local
Approvals: 42 Units, Site Plan to be Approved
Existing Cash Flow
Within Qualified OZ/Within the TOD Applicable for Live Local
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
|
| Net Operating Income |
-
|
-
|
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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $1,630,000 | Lot Size | 0.23 AC |
| Price Per AC | $7,100,292.72 |
| Price | $1,630,000 |
| Price Per AC | $7,100,292.72 |
| Lot Size | 0.23 AC |
Folio: 01-3122-041-0010 Sub-Division: MELROSE / ALLAPATTAH Zoning: T 5 L Approvals: 42 Units, Site Plan to be Approved Existing Cash Flow Within Qualified OZ Within the TOD Applicable for Live Local Earlington Station within 2 blocks West of Wynwood
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Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | 01-3122-041-0010 | Improvements Assessment | $36,653 (2025) |
| Land Assessment | $600,000 (2025) | Total Assessment | $636,653 (2025) |
Property Taxes
Parcel Number
01-3122-041-0010
Land Assessment
$600,000 (2025)
Improvements Assessment
$36,653 (2025)
Total Assessment
$636,653 (2025)
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3737 NW 20th Ct - ALLAPATTAH 42 LIVE LOCAL
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