Miami, FL 33142,3520 NW 33rd Ave
Miami, FL 33142,3520 NW 33rd Ave
Miami, FL 33142,3520 NW 33rd Ave
Miami, FL 33142,3520 NW 33rd Ave
Miami, FL 33142,3520 NW 33rd Ave
Miami, FL 33142,3520 NW 33rd Ave
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$ 4,750,000
Est. payment | /mo

3,850 SqFt


$ 4,750,000
Est. payment | /mo

3,850 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,850 sqft

Price per Sqft $1,233

MLS Listing ID A11588899

HOA Y/N No

Year Built 1938

Annual Tax Amount $34,774

Lot Size 0.781 Acres

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 $216,000. 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

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.

Others

Tax ID 01-31-28-013-3440

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Listed by RE/MAX 360 Real Estate
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3520 NW 33rd Ave