Basics
Date added Added 3 weeks ago | Category Mixed Use | Type Commercial Sale | Status Active |
Lot size, sq ft 13800 sq ft | Year built 1945 | LeaseTerm 1 To 3 Year Lease | ListOfficeName Fausto Commercial Realty Consultants Inc |
ListAOR Miami Association of REALTORS® | MLS ID A11691864 |
Description
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Description:
Just blocks from Miami’s main NW 36th Street corridor. This versatile property delivers multiple income streams, featuring a spacious restaurant/nightclub generating $9,000 monthly on the ground floor and four residential units producing $7,200 monthly, with potential for 15-20% income growth without major repairs - current in place is $220,000 gross. A well-maintained CBS duplex includes two 2-bed, 1-bath units currently rented below market, presenting immediate upside. The property also includes a yard leased for truck parking and storage, adding $2,140 monthly.
With substantial land banking potential, this property qualifies under the new Live Local SB 102 Act, offering the chance to enhance density and building height for a transformative high-density, mixed-use development.
Location
- CountyOrParish: Miami-Dade County
Building Details
- NewConstructionYN: No
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11691864
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- PoolPrivateYN: No
- FireplaceYN: No