7411 36Th St Miami, FL 33166
- Turn key restaurants
- 7,100 SF
- 0.92 lot acres
Current Use by Public Records
- Denny's / Diner / American Restaurant
- J&M INC / Heating Oil Supplier
- C'RFixing Glass Doors / Corporate Office / Roofing Contractor
- The Burger Den / Delivery Restaurant
- The Meltdown / Restaurant
Property Details for 7411 36Th St
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 0.92 lot acres
- Property size
- 7,100 SF
- Zone code
- 6600:COMMERCIAL,LIBERAL
- Property type
- Turn key restaurants
- APN
- 30-3026-009-0010
- APU
- 3030260090010
Description
This exceptional 0.92-acre commercial land parcel, located at 7411 NW 36th St, Miami, FL 33166, presents a unique redevelopment opportunity. Currently improved with a 6,157 square foot building, the property boasts a 100% occupancy rate and offers significant upside potential. The asking price is $17,900,000, translating to $2,907.26 per square foot. Built in 1978, this site benefits from its strategic location in Miami-Dade County, near the intersection of NW 36th Street and the Palmetto Expressway. High traffic counts are a key advantage: NW 36th Street sees an average of 49,000 vehicles daily, while the Palmetto Expressway averages 243,000 vehicles daily. Proximity to Miami International Airport (MIA), which served 37.2 million passengers in 2021, further enhances the property's desirability. The site's zoning allows for a mixed-use development, potentially including hotel and retail components, making it an attractive investment for developers seeking a high-impact project in a thriving Miami location. This single-tenancy property offers a blank canvas for a visionary project in a high-traffic area with excellent visibility and access. The substantial lot size and prime location make this a rare opportunity for significant returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3178
- Latitude
- 25.8099
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA