Corner Retail/Industrial + Billboard 2205 NW 20th St
8,546 SF Retail Building Miami, FL 33142 £4,126,508 (£482.86/SF)



INVESTMENT HIGHLIGHTS
- Features 8,546 square feet of interior on 16,177 square feet of land.
- Zoning is T6-8-O, which allows from 8 to 12 stories and 150 residential units an acre or 300 hotel keys per acre.
- Located along NW 20th Street, the main artery of the Allapattah district with 29,500 daily vehicles passing.
EXECUTIVE SUMMARY
Metro 1 Commercial presents exclusively for sale the property located at 2205 NW 20 Street Miami, FL, 33142. The Property features 8,546 square feet of interior on 16,177 square feet of land. The Property is located in the vibrant and rapidly evolving Allapattah neighborhood, along NW 20th Street, the main artery of the neighborhood, where zoning, automobile traffic, and visibility are favorable. The property is located at the signalized intersection of NW 20th St and 22nd Ave. The zoning is T6-8 O, which allows up to 8 to 12 stories and 150 residential units an acre or 300 hotel keys per acre. There has been a tremendous amount of development in the area. Neology Life Development Group completed The Julia a 323 apartment community just a few blocks near 20th Street and 16th Avenue. Neology developed the No. 17 Residences a lifestyle-driven project with 192 units. Additionally, the neighborhood is seeing significant residential growth with the development of Fourteen Allapattah Residences (237 units), The Miami Produce Center by Bjarke Ingles and Robert Wennett. The property offers significant visibility opportunity with average daily traffic counts of 29,500 along NW 20th Street, and 7,900 along NW 22nd Street. The property enjoys premium visibility being in a signalized corner, as well as direct access to its parking lot from NW 20th Street, and a billboard facing the intersection.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,546 SF
Building Class
C
Year Built
2017
Price
£4,126,508
Price Per SF
£482.86
Tenancy
Single
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.53
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
T-6-8-O - Zoned T6-8-O, Vertical Development Opportunity
Parking
17 Spaces (1.99 Spaces per 1,000 SF Leased)
Frontage
110 ft on NW 20th St
AMENITIES
- Bus Route
- Corner Lot
- Pylon Sign
- Signalised Intersection
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
Walk Score®
Very Walkable (77)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
37,489
314,127
602,742
1,093,784
2029 Population
36,530
310,130
593,069
1,077,217
2024-2029 Projected Population Growth
-2.6%
-1.3%
-1.6%
-1.5%
Median Age
41.9
39.9
41.0
42.2
College Degree + Higher
16%
25%
32%
20%
Daytime Employees
12,497
177,574
405,193
892,874
Total Businesses
1,833
24,484
54,113
122,848
Average Household Income
$42,750
$62,821
$78,111
$81,394
Median Household Income
$31,172
$42,119
$51,113
$53,763
Total Consumer Spending
$263.9M
$2.8B
$6.2B
$11.2B
2024 Households
13,771
126,602
244,614
428,995
Average Home Value
$344,073
$420,965
$499,261
$498,311
$ values in USD
NEARBY MAJOR RETAILERS









PROPERTY TAXES
Parcel Number | 01-3127-046-1770 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £1,154,204 |