Property Description

Just blocks from Miami’s main NW 36th Street corridor. This versatile property delivers multiple income streams, featuring a spacious restaurant/nightclub generating $9,000 monthly on the ground floor and four residential units producing $7,200 monthly, with potential for 15-20% income growth without major repairs – current in place is $220,000 gross. A well-maintained CBS duplex includes two 2-bed, 1-bath units currently rented below market, presenting immediate upside. The property also includes a yard leased for truck parking and storage, adding $2,140 monthly.

With substantial land banking potential, this property qualifies under the new Live Local SB 102 Act, offering the chance to enhance density and building height for a transformative high-density, mixed-use development.

Features
: Automobile Traffic, Airport Access, Awning/hurricane Covers
Address Map
FL
Miami-Dade County
Miami
33142
3490 NW 32nd Ave
0
W81° 45' 5.5''
N25° 48' 27.5''
MLS Addon
11
: 1 To 3 Year Lease
: All Cash, Conventional/refinance, Owner Will Carry
: County Road, Main Thoroughfare
: Sale
$12,828
BU-1A

Commercial Sale For Sale

3490 NW 32nd Ave, Miami, Florida 33142

13,800 Sqft
$2,900,000
Listing ID #A11691864
Basic Details
Property Type : Commercial Sale
Property SubType : Mixed Use
Listing Type : For Sale
Listing ID : A11691864
Price : $2,900,000
Year Built : 1945
Lot Area : 13,800 Sqft
Building Area : 5,927 Sqft
Status : Active
Agent info
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