FL > Miami > Melrose Heights 4Th Sec
Miami, FL 33142,Address not disclosed
Miami, FL 33142,Address not disclosed
Miami, FL 33142,Address not disclosed
8
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$4,750,000
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0.77 Acres Lot
Active

Address not disclosed Miami, FL 33142

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Cher Varghese

Cher Varghese

+1(954) 643-3601

UPDATED:

09/30/2024 09:39 PM

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

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

Listed by RE/MAX 360 Real Estate

Learn More About LPT Realty

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

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