MELROSE REDEVELOPMENT 116 units with EXISTING INCOME.\" This offering includes two contiguous lots (3340 NW 36 ST & 3520 NW 33 AVE) on 36th Street, totaling approximately 0.77 acres or around 34,000 square feet. The property features a commercial auto dealer storefront of about 1,000 square feet on the western lot, and a residential duplex with approximately 2,800 square feet on the corner. Both structures are currently occupied by short-term tenants, generating an annual rental income of $216,000. The lots benefit from favorable T6-8 O zoning, which allows for development density of 150 units per acre \"by right.

This listing is courtesy of Agustin Duarte at RE/MAX 360 Real Estate em:aduarte@magiccityinvestments.com ph:305-450-5992.