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Property profile & analytics
OFF-MARKET Estimated value $1,170,000
Bars & Pubs

175 36th St Miami, FL 33137-3624

11,056 SF 0.24 ac lot Built 1921
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-8882845
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1921
Construction CONCRETE
Total area 11,056 SF
Lot 0.24 ac (10,434 SF)
Zoning code 6110:COMM/RES-DESIGN DIST
APN 01-3124-022-0170
UPID US18-8882845
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Party Rentals in Chula Vista Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M
Owner & transaction history
Wynwood 36 LLC · 2 yrs held
Wynwood 36 LLC
since 2023
2 recorded transactions
2023
Price N/A
2023
$10.5M
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.5M +18.9%
Restaurant $1.5M +16.7%
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