7640 36th Ave Miami, FL 33147-4402
Property profile & analytics
7640 36th Ave Miami, FL 33147-4402
- Warehouses
- 26,304 SF
- 0.80 lot acres
Property ID
US18-0287268
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 7640 36th Ave
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.80 lot acres
- Property size
- 26,304 SF
- Zone code
- 7064
- Property type
- Warehouses
- APN
- 30-3109-030-0100
- APU
- 3031090300100
Description
This 26,304 sq ft Class B warehouse in Miami, FL, offers significant value-add potential. Located on a 0.8-acre lot, the property features three units, 16-foot ceilings, and is currently 100% occupied with below-market rents. Built in 1959 and renovated in 1999, the property benefits from a highly accommodating NCUAD zoning designation, allowing for a variety of commercial and industrial uses. Approximately 50% of the lease roll can be vacated by March 1, 2026, providing opportunities for owner-occupancy or lease rate increases to market value (~$17/SF). The property enjoys excellent access to major transportation arteries, including the Hialeah Expressway, Palmetto Expressway, I-95, and Miami International Airport. The asking price is $5,100,000. Access to one bay is via NW 76th St, with a lease on that lot extending to 2042, including two 30-year renewal options. A cell tower on the property can be relocated to facilitate redevelopment. This presents a compelling opportunity for investors seeking immediate revenue growth and long-term appreciation. The property's location in Miami's industrial core, combined with its flexible zoning and below-market rents, makes it an exceptional investment opportunity. The warehouse and adjacent land must be purchased together.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,815,000
- ML approach
- $3,700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,036,000
Market price range: $3.04M - $6.13M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $4,335,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2565
- Latitude
- 25.8439
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,581
$866,475
$1,278,525
$2,145,000
-
$866,475
$1,278,525
$2,145,000
