8
See all 8 photos
$4,750,000
Est. payment /mo
3,850 SqFt
Active
3520 NW 33rd Ave Miami, FL 33142
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UPDATED:
09/30/2024 08:46 PM
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