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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

3520 NW 33RD AVE, MIAMI, FL 33142

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Income/MultiFamily - for Sale

3520 NW 33RD AVE, MIAMI, FL 33142

Asking Price$4,750,000

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  • Days on market:

    1 day(s)

  • Original Price:

    $4,750,000

  • Tax Legal Description:

    MELROSE HGTS 4TH SEC PB 17-21 LOT 1 & 2 BLK 60 LOT SIZE 103.310 X 135 OR 15339-1466 0192 1

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$4,750,000

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.

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