"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 $216,000. The lots benefit from favorable T6-8 O zoning, which allows for development density of 150 units per acre "by right."
RE/MAX 360 Real Estate
Features & Details
Learn about the features and details of 3520 NW 33rd Ave
Property Details
Property Type
MultiFamily
Living Area
3,850 sqft
Year Built
1938
Lot Size
34,000 sqft
Stories
-
Annual Tax
$34,774.00
List Date
6/13/2024
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11588899
Brokerage
RE/MAX 360 Real Estate
Postal Code
33142
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
CallAgent
List Price
$4,300,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
Assessment Year
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Mortgage Calculator
Estimate monthly payments for 3520 33rd Ave
20.5%100%
30 Years
Estimated Monthly Payment
$17,321
Cash Flow Analysis
Mortgage Payment:
$17,321
Monthly Payment:
$20,218.83
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this exceptional multifamily in the heart of Allapattah, Miami. This well-appointed property offers 3,850 square feet of living space situated on a 34,000 square foot lot. Originally built in 1938. Offered at $4,300,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.