Property profile

3288 NW 36Th St 3270 & 3288 Miami, FL 33142

FOR SALE
Office buildings
Property ID
US18-1566649
2,258 SF 0.15 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of two office buildings totaling 6,088 square feet, historically used as medical and rehabilitation centers with facilities such as examination rooms, x-ray areas, treatment rooms, and office space, and with configurations that can support standard office use. A separate 2-bedroom, 1-bathroom house is located at the rear of the site and fronts NW 35th Street; this residential portion sits on 6,850 square feet of land zoned RU-3/duplex within Miami-Dade County. The combined site totals 20,350 square feet (including 13,500 square feet zoned T6-8-O), with approximately half of the lot paved and used for parking serving the offices on NE 36th Street. Zoning for the T6-8-O portion allows construction of up to 46 units and up to 8 stories. The office assemblage spans 1- and 2-story structures and is configured as a combined site that supports redevelopment into uses such as apartments, retail, or office space, or continued use in its existing configuration.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1950
Construction CONCRETE
Total area 2,258 SF
Lot 0.15 ac (6,750 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-3128-013-0800
UPID US18-1566649

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

3288 NW 36Th St, Unit 3270 & 3288 Miami, FL 33142
Miami metro Census 1705 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.41M

Owner & transaction history

since 2021
Last sale
$1.4M
6 recorded transactions
2021
$1.4M
2003
$125,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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