$3,900,000
For Sale

Address Not Shown

Miami, FL 33142
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Commercial

Description

This offering includes two contiguous lots 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 $216,000. The lots benefit from favorable T6-8 O zoning, which allows for development density of 150 units per acre "by right."

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Availabl
      • Lot DescriptionCity Location, 1-2.5 Acres
      • SubdivisionMELROSE HEIGHTS 4TH SEC
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Property SubtypeCommercial Land
      • MLS #A11833062
      • MLS #A11833062
      • Property TypePurchase
      • Cost3900000
      • Sewer InformationOther
      • Acres0.77

Location

Luxe PropertiesReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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