0.32 acres | #A11807115
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.
Property Details
- Utility FeaturesElectricity Connected, Other Utilities Available, Phone Connected, Sewer Connected, Water Connected, Electricity Available, Phon
- Lot DescriptionCentral Business District, City Location, Corner Lot, Less Than 1 Acre
- SubdivisionMELROSE HEIGHTS 5TH SEC
- Sewer InformationPublic Sanitation
- CountyMiami-Dade County
- Utility SourceMunicipal Water
- Property SubtypeCommercial Land
- MLS #A11807115
- MLS #A11807115
- Property TypePurchase
- Cost1825000
- Acres0.32
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Marcelo Quiroga (#3278110)
Listing Office: Avanti Way Brickell (#AVWB01)
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