175 36th St Miami, FL 33137-3624
This exceptional freestanding property at 175 NE 36th St, Miami, FL 33137, presents a remarkable development opportunity in the heart of Miami's Design District. Boasting 114 feet of frontage, the property offers unparalleled visibility and accessibility. Currently configured as a nightclub/restaurant with a full kitchen and 13 VIP parking spaces, secured by a gated entrance, it's ideally suited for national brands. The T6-12-O zoning allows for significant expansion, with potential for 83,472 to 108,513 square feet of development across 12-20 floors, accommodating mixed-use, hotel, or residential projects. Built in 1921, this compound offers a unique chance to create a transformative project within a thriving, high-end neighborhood. Its strategic location benefits from the ongoing development of billion-dollar projects nearby, ensuring strong future growth potential. The property's walkability score is excellent, with high-end retail, dining, and shopping options within easy reach. This $15,500,000 investment offers a compelling opportunity for high returns in a prestigious and rapidly developing area. The versatile layout and features make it suitable for a wide range of businesses and activities, providing a flagship showcase opportunity for discerning investors.
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Party Rentals in Chula Vista Party Supply Store Rental Equipment Company
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
6110:COMM/RES-DESIGN DIST · 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.