Commercial Land with Existing
For Sale
$4,750,000
3440 NW North River Dr, Miami, FL 33142
Two contiguous lots combine commercial and residential improvements with T6-8 O zoning and redevelopment potential.
Property Size2,139 SF
Days on Market196
Property Features for 3440 NW North River Dr
General Information
Standard status
Active
Size
2,139 SF
Property subtype
Multifamily Land
Building Details
Building Size
2,139 SF
Year Built
1971
Listing Agency:
RE/MAX 360 Real Estate
Listed By:
Agustin Duarte · License #3284824
(305) 450-5992
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 9:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 360 Real Estate
Investment Insights
Based on property information with market context.
This 0.77-acre commercial land offering consists of two contiguous lots with approximately 34,000 square feet of land area. Existing improvements include an approximately 1,000-square-foot commercial auto dealer storefront and a residential duplex containing approximately 2,800 square feet. Both structures are occupied by short-term tenants, providing existing rental income.
The property carries T6-8 O zoning with development density of 150 units per acre by right, and the offering identifies redevelopment potential for 116 units. Approximately 250 linear feet front NW 36 Street. The site is approximately 2.5 miles from Miami International Airport and is positioned between the Palmer Lake area and Allapattah. The broader submarket extends from Miami Gardens to Allapattah and is bordered by I-95.
The property carries T6-8 O zoning with development density of 150 units per acre by right, and the offering identifies redevelopment potential for 116 units. Approximately 250 linear feet front NW 36 Street. The site is approximately 2.5 miles from Miami International Airport and is positioned between the Palmer Lake area and Allapattah. The broader submarket extends from Miami Gardens to Allapattah and is bordered by I-95.
Key Highlights
- 0.77 Acre commercial land assemblage with (2) existing structures
- Approximately 34,000 square feet across two contiguous lots
- Existing improvements include a 1,000‑square‑foot commercial storefront and 2,800‑square‑foot residential duplex
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two contiguous lots combine commercial and residential improvements with T6-8 O zoning and redevelopment potential.
Where is this commercial land located?
The property is located at 3440 NW North River Dr Miami, FL.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 0.77 Acre commercial land assemblage with (2) existing structures; Approximately 34,000 square feet across two contiguous lots; Existing improvements include a 1,000‑square‑foot commercial storefront and 2,800‑square‑foot residential duplex
