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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
Annual Tax Amount $34,774
Tax Year 2023
Lot Size 0.770 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 $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
Exterior
Utilities Available Cable Available,Electricity Available,Other,Phone Available,Sewer Available,Trash Collection,Water Available
Building
Sewer Other
Water Public
Others
Acceptable Financing Cash,Owner May Carry
Listing Terms Cash,Owner May Carry