Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    45 36Th St Miami, FL 33137

    For Sale
    $7,450,000

    Prime Midtown location, high NOI, owner-user potential.

    Property size:
    8,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional two-story, 8,710 square foot freestanding office building in Miami's vibrant Midtown presents a compelling owner-user or investment opportunity. Located on a 4,356 square foot lot at 45 NE 36th Street, this property boasts a 6.18% cap rate and a strong net operating income (NOI) of $460,308, with 100% occupancy. The building is strategically positioned directly across from the Shops at Midtown Miami, ensuring high visibility and foot traffic from major national retailers. The ground floor currently houses a retail tenant, while the upper floors accommodate an owner-user office space. Leases expire in 2025-2026, offering flexibility for future leasing at market rates. The property benefits from excellent accessibility, with immediate access to I-195 and I-95, connecting Midtown, Wynwood, and the Design District. Ample parking is available on-site and in nearby Midtown garages. Zoned T6-12-O, this property offers significant upside potential in a rapidly developing area, surrounded by luxury residential and commercial projects. The asking price is $7,450,000, translating to $855.34 per square foot.

    Property Features for 45 36Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,710 SF

    Building Details

    Stories
    2

    HighLights

    • $7,450,000 asking price for an 8,710 SF office building.
    • 6.18% cap rate with a $460,308 NOI and 100% occupancy.
    • Prime Midtown Miami location, directly across from Shops at Midtown Miami.
    • Owner‑user or investment opportunity with flexible lease terms expiring 2025‑2026.
    • Two‑story, 8,710 SF building on a 4,356 SF lot, zoned T6‑12‑O.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Body Details Laser Hair Removal Service

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Food Market Daycare Center Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1944867
    Latitude
    25.8106788

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • $3,850,000

      New Multifamily Units in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,850,000
      7,000 SF

      Miami Multifamily Investment Opportunity

      New 10-unit multifamily property in Little Havana.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Midtown location, high NOI, owner-user potential.
    Where is this office property / space located?
    The property is located at 45 36Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $7,450,000.
    What are key features of this property?
    This property features: $7,450,000 asking price for an 8,710 SF office building.; 6.18% cap rate with a $460,308 NOI and 100% occupancy.; Prime Midtown Miami location, directly across from Shops at Midtown Miami.
    (786) 333-7199
    Request Owner's contact information
    45 36Th St Miami, FL 33137
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    45 36Th St
    Miami, FL 33137
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    45 36Th St Miami, FL 33137
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.