This property offers a compelling investment opportunity, combining immediate income with substantial development potential. Currently generating income from a car dealership, it provides a reliable revenue stream. The 13,946 square-foot lot, featuring a 1,450 square-foot structure, allows for significant development—up to 48 units in an 8+ floor building, or potentially 12 floors with bonuses. Located on a prime corner between NW 36 Avenue and NW 36 Street, it boasts high visibility and easy access to major expressways, enhancing its appeal for both commercial and residential projects. This property is ideal for investors seeking both short-term returns and long-term growth potential.
Property Details
Price:
$2,050,000
MLS #:
A11647708
Status:
Active
Beds:
0
Baths:
0
Address:
3590 NW 36th St
Type:
Single Family
Subdivision:
MELROSE HEIGHTS 5TH SEC
Neighborhood:
Melrose Heights 5th Sec
City:
Miami
Listed Date:
Aug 26, 2024
State:
FL
ZIP:
33142
Lot Size:
13,946 sqft / 0.32 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$24,173
Map
Community
- Address3590 NW 36th St Miami FL
- SubdivisionMELROSE HEIGHTS 5TH SEC
- CityMiami
- CountyMiami-Dade County
- Zip Code33142
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