Mixed Use For Sale
, Miami, FL 33142

$2,900,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11691864
  • Virtual Tour: YES
  • List Price: $2,900,000
  • Taxes:$12,828
  • Year Built:1945
  • Listing Date:November 12, 2024
  • Days On Market:12

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


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

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