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Other Land - MELROSE HEIGHTS 5TH SEC for Sale

3590 NW 36TH ST, MIAMI, FL 33142

Asking Price$1,700,000 Change Price$125,000

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  • Days on market:

    94 day(s)
  • Original Price:

    $1,825,000
  • Tax Legal Description:

    28-29 53 41 MELROSE HGTS 5TH SEC PB 17-22 LOTS 21 THRU 24 BLK 61 LOT SIZE 103.310 X 135 OR 13215-1384 0586 4
  • Tax Year:

    2025
  • Property Type:

    Land
  • Waterfrontage (sqft):

    103
  • Lot Features:

    Central Business District City Location Corner Lot Less Than 1 Acre

Description

$1,700,000

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.

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