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    7411 36Th St Miami, FL 33166

    For Sale
    $17,900,000

    Prime Miami land, redevelopment potential.

    Property size:
    6,157 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.92-acre commercial land parcel, located at 7411 NW 36th St, Miami, FL 33166, presents a unique redevelopment opportunity. Currently improved with a 6,157 square foot building, the property boasts a 100% occupancy rate and offers significant upside potential. The asking price is $17,900,000, translating to $2,907.26 per square foot. Built in 1978, this site benefits from its strategic location in Miami-Dade County, near the intersection of NW 36th Street and the Palmetto Expressway. High traffic counts are a key advantage: NW 36th Street sees an average of 49,000 vehicles daily, while the Palmetto Expressway averages 243,000 vehicles daily. Proximity to Miami International Airport (MIA), which served 37.2 million passengers in 2021, further enhances the property's desirability. The site's zoning allows for a mixed-use development, potentially including hotel and retail components, making it an attractive investment for developers seeking a high-impact project in a thriving Miami location. This single-tenancy property offers a blank canvas for a visionary project in a high-traffic area with excellent visibility and access. The substantial lot size and prime location make this a rare opportunity for significant returns.

    Property Features for 7411 36Th St

    General Information

    Property type
    Land
    Square Feet
    6,157 SF
    Lot Size
    40,075 SF

    Building Details

    Year Built
    1978

    HighLights

    • Redevelopment potential available.
    • 0.92‑acre site.
    • Excellent location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Denny's Diner J&M INC Heating Oil Supplier C'RFixing Glass Doors Roofing Contractor The Burger Den Delivery Restaurant The Meltdown Restaurant

    Suggested Use

    Restaurant Realty agency Dental Office Law Firm Spa & Massage Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.318071747559
    Latitude
    25.809453996275

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    FAQs

    What type of property is this?
    Land - Prime Miami land, redevelopment potential.
    Where is this land located?
    The property is located at 7411 36Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $17,900,000.
    What are key features of this property?
    This property features: Redevelopment potential available.; 0.92-acre site.; Excellent location.
    (786) 295-1825
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    7411 36Th St Miami, FL 33166
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    Miami, FL 33166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7411 36Th St Miami, FL 33166
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