100 NW 36Th St Miami, FL 33127
For Sale
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This exceptional 6,024-square-foot retail property in Miami's vibrant Midtown area presents a compelling investment opportunity. Located on a high-exposure corner at 100 NW 36th St, this multi-tenant building boasts 100% occupancy and a strong annual gross income of $432,000, secured by a five-year lease with the primary tenant, The House of Arts, and additional income from food trucks. Situated on a 14,625-square-foot lot across two parcels (which can be sold together or separately), the property benefits from its prime location between Wynwood, Midtown, and the Design District, with close proximity to I-195 and I-95, resulting in approximately 19,000 daily commuters passing by. The T6-8-O zoning, within the Wynwood Norte NRD2 overlay, allows for significant development potential, including up to 150 units per acre and a maximum of twelve stories for residential, hotel, office, or mixed-use development via bonus. The asking price is $6,300,000, translating to $1,045.82 per square foot. This property offers a rare combination of immediate cash flow and substantial future development potential in a highly desirable Miami location.
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Red Gallerie, LLC. Furniture & Home Goods Home Decor Store
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The House of Arts Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLMiami. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.