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Miami,FL 33142
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