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    346 36Th St Miami, FL 33127

    For Sale
    $1,650,000

    8-Story Mixed-Use Potential, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6,900 square foot parcel presents a unique development opportunity in Miami's burgeoning Wynwood Norte neighborhood. Located at 346 NW 36th Street, Miami, FL 33127, this property boasts outstanding T8-0 Mixed-use zoning, allowing for the construction of an eight-story building by right. With a density of 150 units per acre, this site offers significant potential for high-density residential or mixed-use development. The property's prime location on a main street places it within a 10-minute walk of both the Wynwood and Design District, two of Miami's most vibrant and sought-after areas. The surrounding area is experiencing rapid transformation, with a surge in commercial development including furniture showrooms, art galleries, hotels, and high-end kitchen showrooms. This strategic location offers unparalleled access to a thriving and expanding market. The asking price is $1,650,000, and the seller is offering financing up to $1,000,000. This is a rare chance to capitalize on the explosive growth in this dynamic Miami neighborhood. Don't miss this exceptional investment opportunity.

    Property Features for 346 36Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • 6,900 SF development site in Miami's Wynwood Norte neighborhood.
    • Located at 346 NW 36th Street, Miami, FL 33127, with T8‑0 Mixed‑use zoning allowing an eight‑story building.
    • 150 units per acre density, ideal for high‑density residential or mixed‑use development.
    • Prime location, within a 10‑minute walk of Wynwood & Design District.
    • $1,650,000 asking price with seller financing up to $1,000,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -80.2026201
    Latitude
    25.8097795

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    FAQs

    What type of property is this?
    Specialty property - 8-Story Mixed-Use Potential, Prime Location
    Where is this specialty property located?
    The property is located at 346 36Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 6,900 SF development site in Miami's Wynwood Norte neighborhood.; Located at 346 NW 36th Street, Miami, FL 33127, with T8-0 Mixed-use zoning allowing an eight-story building.; 150 units per acre density, ideal for high-density residential or mixed-use development.
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    346 36Th St Miami, FL 33127
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    Miami, FL 33127
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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
    346 36Th St Miami, FL 33127
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