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    301 36Th St Miami, FL 33127

    For Sale
    $16,000,000

    Prime Miami location, high-growth potential.

    Property size:
    21,785 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional freestanding commercial property, located at 301 NW 36th St, Miami, FL 33127, presents a compelling investment opportunity. The 21,785-square-foot building sits on a 47,185-square-foot lot in the desirable Wynwood Norte NRD-2 Overlay, offering unparalleled exposure on NW 36th St and I-95, with over 140,000 daily commuters. Currently zoned T6-8-O, this retail storefront boasts 162 units by right, making it ideal for mixed-use development. The building features impressive infrastructure, adaptable for various uses, including a potential owner-user scenario. Significant advantages include 14ft and 20ft clear ceiling heights, ample parking (204 spaces), and potential parking reductions for future development. Seller financing is available. This property offers a unique chance to capitalize on Wynwood Norte's rapid expansion and accessibility, making it a truly exceptional investment in a thriving Miami market. The property's central location and high visibility make it an attractive option for a variety of commercial uses.

    Property Features for 301 36Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    21,785 SF

    Building Details

    Units
    162
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply 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
    -80.2020299
    Latitude
    25.810476

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    FAQs

    What type of property is this?
    Individual retail property - Prime Miami location, high-growth potential.
    Where is this individual retail property located?
    The property is located at 301 36Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $16,000,000.
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    301 36Th St 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
    301 36Th St Miami, FL 33127
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