2189 NW 20th St - Commercial LAND FOR SALE


Miami, FL 33142- Allapattah39,692 SF
$11,000,000 USD
786-514-8046
2189 NW 20th St, Miami, FL for Sale
$11,000,000 USD
Commercial LAND - FOR SALE
1/12
39,692 SF

2189 NW 20th St
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • Corner assemblage totaling ~0.91 acres with rare triple frontage on NW 20th St, NW 22nd Ave, and NW 21st St for superior design flexibility.
  • Live Local Act override allows for a massive 315,117 SF buildable envelope (36.0 FLR) and an unrivaled density of 1,000 units per acre.
  • Transit-oriented corridor makes the site eligible for a 30% reduction in required parking via application, lowering hard construction costs.
  • Prime strategic location bridges the gap between the Allapattah CRA and the Health District’s massive employment and medical hubs.
  • In-place income for Covered Land Play

OVERVIEW

Utilizing the Live Local Act (SB 102) override, this site is entitled to a 36.0 FLR and a residential density of 1,000 u/ac, unlocking a massive 315,117 SF buildable envelope. Project efficiency is further enhanced by its status within a primary transit corridor, making the site eligible for a 30% parking reduction waiver via administrative application. This eligibility allows for a high-efficiency podium design and significantly lower construction hard costs. The offering includes conceptual 12-story mixed-use plans featuring ground-floor retail and high-density residential units, providing an institutional-scale foundation for development. By leveraging state-level zoning bonuses and verified density metrics, this assemblage allows for a highest and best use execution that far exceeds traditional local zoning constraints. Comprehensive zoning analyses, income details, and architectural studies are available to qualified buyers upon request.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/ACRE

$12,072,258/AC

PRICE/SF

$277 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Allapattah 3-Lot Assemblage

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Subsdzd

LAND ACRES

0.91 AC

LAND SF

39,691 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Streets, Curb/Gutter/Sidewalk

ZONING

T6-8-O, D1

APN/PARCEL ID

01-3134-020-0010,01-3134-020-0020,01-3134-020-0050

ASK ABOUT THIS PROPERTY

Madelin EstupinanEstupinan Group at First Service Realty ERAMore Info
786-514-8046

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Madelin EstupinanEstupinan Group at First Service Realty ERAMore Info
786-514-8046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.