4
  • Property Type
  • Retail
  • 23235 ft²
  • Area Size
  • 30375 ft²
  • Land Area
Allapattah Retail Center
  • $6,900,000

Details

Updated on October 1, 2026 at 4:02 pm
  • Property ID FC-64398
  • Price $6,900,000
  • Property Size 23235 ft²
  • Land Area 30375 ft²
  • Year Built 1973
  • Property Type Retail
  • Property Status For Sale

Description

For the first time in 34 years an opportunity to acquire a highly visible, income-producing retail strip center in the heart of Allapattah. Offered at $6,900,000, 2142 NW 20th Street features approximately 23,235 square feet of improvements on a 30,375-square-foot lot, with a diverse tenant roster, substantial existing income and additional lease-up potential.

The current rent roll generates approximately $38,300 per month, or $459,600 annually, with three vacant second-floor units providing a clear path to increased revenue. At stabilization, projected gross income reaches approximately $535,600 annually, offering immediate cash flow with meaningful upside. Several tenants have occupied the property for approximately 30 to 40 years, creating deep neighborhood familiarity and a loyal, recurring customer base.

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  • Address: 2142 NW 20th StMiami, FL 33142, Miami, Florida, 33142
  • City: Miami
  • State/county: Florida
  • Zip/Postal Code: 33142

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