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 May 15, 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

Agustin Duarte

RE/MAX 360 Real Estate

Location

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

Contact Listing Broker
Agustin Duarte

RE/MAX 360 Real Estate

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