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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$4,300,000
Est. payment /mo
3,850 SqFt

UPDATED:

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 $1,116

MLS Listing ID A11588899

HOA Y/N No

Year Built 1938

Annual Tax Amount $34,774

Lot Size 0.781 Acres

Property Sub-Type Multi Family

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.

Exterior

Private Pool Yes

Others

Tax ID 01-31-28-013-3440

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

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Listed by RE/MAX 360 Real Estate

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agent

Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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