Melrose Redevelopment
For Sale
$4,750,000
3520 Northwest 33rd Avenue, Miami, FL 33142
Two contiguous lots with existing income and redevelopment potential.
Property Size34,000 SF
Price / SF$139.71
Days on Market322
Property Features for 3520 Northwest 33rd Avenue
General Information
Standard status
Active
Size
34,000 SF
Property subtype
Mixed Use
Zoning
T 6-8 0
Building Details
Building Size
34,000 SF
Year Built
2010
Listing Agency:
RE/MAX
(305) 450-5992
Listed By:
Agustin Duarte · License #172674
(305) 450-5992
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 12 at 3:10AM
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
Investment Insights
Based on property information with market context.
This offering comprises two contiguous lots located on 36th Street, totaling approximately 0.77 acres, or around 34,000 square feet. The property includes a commercial auto dealer storefront of about 1,000 square feet situated on the western lot, along with a residential duplex of 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 a development density of 150 units per acre by right. The property features 250 linear feet on highly traveled NW 36 Street and includes 116 units with existing income.
Key Highlights
- Redevelopment opportunity: T6‑8 O zoning allows 150 units per acre 'by right'.
- Existing income: $216,000 annually from current tenants.
- Two contiguous lots totaling approximately 0.77 acres (34,000 sq ft).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,419
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?
Mixed-use property - Two contiguous lots with existing income and redevelopment potential.
Where is this mixed-use property located?
The property is located at 3520 Northwest 33rd Avenue 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: Redevelopment opportunity: T6‑8 O zoning allows 150 units per acre 'by right'.; Existing income: $216,000 annually from current tenants.; Two contiguous lots totaling approximately 0.77 acres (34,000 sq ft).
