$3,900,000337 days on marketActive

3340 NW 36th Street, Miami, FL 33142

Miami, FL 33142

Sq Ft

0.77 acres

Lot Size

Listing Snapshot

List Price	$3,900,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.77 acres

Property Tax	$34,774/yr
MLS #	1129078374
Status	Active
Days on Market	337

About This Home

The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units. Here’s the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.

General Features

Property Type: Land
Sub-type: UnimprovedLand
Zoning: 6100
Utilities: CableAvailable,ElectricityAvailable,Other,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable
Subdivision: MELROSE HEIGHTS 4TH SEC