Miami, FL 33142,Address not disclosed
Miami, FL 33142,Address not disclosed
Miami, FL 33142,Address not disclosed
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$4,750,000
Est. payment /mo
0.77 Acres Lot

UPDATED:

09/30/2024 09:39 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Melrose Heights 4Th Sec

MLS Listing ID A11589153

HOA Y/N No

Annual Tax Amount $34,774

Tax Year 2023

Lot Size 0.770 Acres

Acres 0.77

Lot Dimensions 13386x25267

Property Description

"MELROSE REDEVELOPMENT 116 units with EXISTING INCOME." This offering includes two contiguous lots ( 3340 NW 36 ST & 3520 NW 33 AVE ) on 36th Street, totaling approximately 0.77 acres or around 34,000 square feet. The property features a commercial auto dealer storefront of about 1,000 square feet on the western lot, and a residential duplex with approximately 2,800 square feet on the corner. Both structures are currently occupied by short-term tenants, generating an annual rental income of $180,000. The lots benefit from favorable T6-8 O zoning, which allows for development density of 150 units per acre "by right."

Location

State FL

County Miami-dade

Community Melrose Heights 4Th Sec

Area 31

Direction The submarket extends north from the City of Miami Gardens to the Allapattah neighborhood to the south, bordered by I-95 on the east. 34,000 square feet.

Exterior

Utilities Available Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Trash Collection, Water Available

Waterfront No

Building

Sewer Other

Water Public

Others

Tax ID 01-31-28-013-3450

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry


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Greg Marchese

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