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2189 NW 20th St
Miami, FL 33142 Allapattah

$11,000,000 USD

Land For Sale  •  0.91 AC

Property Details

  • Property Type Land
  • Lot Size 0.91 AC
  • Zoning T6-8-O, D1
49 Transit Score
84 Walk Score

Description 

This 0.91-acre Allapattah assemblage offers a premier urban infill opportunity with rare triple frontage along NW 20th St, NW 22nd Ave, and NW 21st St. Strategically located minutes from the Miami Health District and Downtown, the site functions as a Covered Land Play with existing in-place income. This cash flow provides a vital hedge against carrying costs (including property taxes and insurance) during the entitlement phase, allowing a developer to hold the asset with reduced overhead while finalizing site plans.

Positioned within a high-growth CRA, the property is designed to capture intense demand for workforce housing near major employment hubs like Jackson Memorial Hospital and the VA Medical Center. This is a conceptually de-risked site where the technical feasibility and density potential have already been established through comprehensive zoning and massing studies, providing a superior entry point into one of Miami’s most active redevelopment corridors.

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

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 3 min - 1.1 mi
Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 3 min - 1.4 mi
AirportDriveWalkDistance
Miami International 18 min - 7.2 mi
Fort Lauderdale/Hollywood International 34 min - 23.0 mi
Madelin Estupinan 786-514-8046 Estupinan Group at First Service Realty ERA
Madelin Estupinan 786-514-8046 Estupinan Group at First Service Realty ERA