Property Type:
Commercial Sale
Square Footage:
23,222
Status:
Active
Current Price:
$24,444,444
List Date:
3/31/2026
Last Modified:
5/05/2026
Description
Rare opportunity to acquire a mixed-use property with significant redevelopment potential. The offering includes a four-story commercial building totaling 23,222 SF currently operating as a school, along with an adjacent 7,200 SF asphalt parking lot (20 NW 42nd Street) —both included under the same title.Situated on a combined ±16,572 SF lot, the property is zoned T4-L, allowing for a wide range of uses including multifamily, duplex, single-family, Live Local (subject to program requirements), general commercial, and office.Zoning permits up to 36 dwelling units per acre, with a maximum height of 3 stories and 60% lot coverage, providing strong upside for repositioning or ground-up development.This is an ideal opportunity for investors, developers, or owner-users seeking flexibility in one of Miami’s evolving areas.
Listing Office: Pulse Int'l Realty FL Inc
Last Updated: May - 05 - 2026
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