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$3,900,000
A12049108 MLS 33142 Zip Code Melrose Heights 4th Sec BLDG.
The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units. Here’s the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.

Miami

$1,900,000
A11865931 MLS 33142 Zip Code Melrose Heights 4th Sec BLDG.
Versatile site for apartment development & existing office/medical use in Miami, FL fronting NW 36th St w/ access to NW 35th St. Currently 2 office buildings used a medical & rehab centers or may be used as standard office. Additional 2/1 house in back fronting NW 35th St, where ½ the lot is used as paved parking for the offices. Land Developers: build up to 46 units & up to 8 stories on the 13,500 SF of land zoned T6-8-O. The extra 2/1 in the back is zoned RU-3/duplex in Miami-Dade County on 6,850 SF bringing total land to 20,350 SF. Sold as an assemblage of 3 folio’s encompassing single story medical facilities: laid out as 1) examination, x-rays, office & treatment room; & 2) a rehabilitation center. Redevelop apartments, retail, office or use as-is. Sold as a package/assembly.

3270 Nw 36th St, Miami