MELROSE REDEVELOPMENT | COVERED LANT PLAY +-$200K YEARLY / UNITS

3520 Northwest 33rd Avenue, Miami, FL 33142

Property Information

  • For Sale $4,750,000
  • Property Type Other
  • Lot Size 0.77 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2010
  • Date Updated Jul 6, 2026

Description

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.

Contacts

Location

Located at 3520 Northwest 33rd Avenue, Miami, FL 33142, this property is part of the Palmer Lake - Mia Station neighborhood and Miami market.

  • 66/100 Somewhat Walkable
  • 56/100 Good Transit
  • 49/100 Somewhat Bikeable
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