3590 36th St ,Melrose Heights 5th Sec for Sale

3590 36th St for Sale

Price $2,050,000.00

• Lot size 13946
• Year Build
• Waterfront
• Zip 33142
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

28-29 53 41 MELROSE HGTS 5TH SEC PB 17-22 LOTS 21 THRU 24 BLK 61 LOT SIZE 103.310 X 135 OR 13215-1384 0586 4

Central Business District, City Location, Corner Lot, Less Than 1 Acre

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.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.8084232,List Price:2050000,Listing Id:A11647708,Longitude:-80.2541954,Mls Status:Active,Utilities:1:Other Utilities Available,2:Phone Connected,3:Sewer Connected,4:Water Connected,5:Electricity Available,6:Phone Available,7:Sewer Available,8:Trash Removal,9:Water Available,Current Use:1:Income (Other),Postal Code:33142,Street Name:36th St,Coordinates:1:25.8084232,Lot Features:1:City Location,2:Corner Lot,3:Less Than 1 Acre,Photos Count:11,Building Name:MELROSE HEIGHTS 5TH SEC,Lot Size Acres:0.32,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Melrose Heights 5th Sec,On Market Date:2024-08-26,Parcel Number:01-31-28-014-0100,Property Type:Commercial Land,Street Number:3590,Public Remarks: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.,County Or Parish:Miami-Dade County,Frontage Length:103,List Office Name:Avanti Way Brickell,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5040,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:MELROSE HEIGHTS 5TH SEC,Tax Annual Amount:24173,Unparsed Address:3590 NW 36th St, Miami FL 33142,Listing Agreement:Exclusive Agency,Road Frontage Type:1:Public Road,Building Area Units:Square Feet,Lot Size Dimensions:103x135,Lot Size Square Feet:13946,M I A M I R E_ L P Amt Sq Ft:146.9956,Original List Price:2050000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-08-26,Originating System I D:miamire,Public Survey Section:28,Showing Instructions:Call Listing Agent,Street Number Numeric:3590,Tax Legal Description:28-29 53 41 MELROSE HGTS 5TH SEC PB 17-22 LOTS 21 THRU 24 BLK 61 LOT SIZE 103.310 X 135 OR 13215-1384 0586 4,Gross Scheduled Income:120000,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Investment opportunity, combining immediate income with substantial development potential. Currently generating income from a car dealership,Contract Status Change Date:2024-08-26,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,