Properties

Features
1
: Automobile Traffic , Airport Access , Awning/hurricane Covers
Additional Information
Fausto Commercial Realty Consultants Inc
$12,828
1
11
: 1 To 3 Year Lease
: All Cash , Conventional/refinance , Owner Will Carry
: Main Thoroughfare , County Road
: Sale
305-915-3492
Property Description

Just blocks from Miami’s main NW 36th Street corridor. This versatile property delivers multiple income streams, featuring a spacious restaurant/nightclub generating $9,000 monthly on the ground floor and four residential units producing $7,200 monthly, with potential for 15-20% income growth without major repairs - current in place is $220,000 gross. A well-maintained CBS duplex includes two 2-bed, 1-bath units currently rented below market, presenting immediate upside. The property also includes a yard leased for truck parking and storage, adding $2,140 monthly. With substantial land banking potential, this property qualifies under the new Live Local SB 102 Act, offering the chance to enhance density and building height for a transformative high-density, mixed-use development.

This listing is courtesy of Miguel Fuentes at Fausto Commercial Realty Consultants Inc em:miguel.fuentes002@gmail.com ph:305-915-3492.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 3031280130920 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 30-1280-013-0920 (3031280130920)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 3490 NW 32 Ave
City: Unincorporated County
State: Florida
Zip Code: 33142-5731 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 5,784
Actual Square Feet: 6,213
Adjusted Square Feet: 5,927
  -
Lot Size - English*
Lot Size (sf): 13,800
Lot Size (acres): 0.32
  -
Building Size - Metric*
Living Square Meters: 537.35
Actual Square Meters: 577.21
Adjusted Sq M: 550.64
  -
Lot Size - Metric*
Lot Size (sq m): 1,282
Lot Size (ha): 0.13
  -
Zoning & Land Use*
Land Use: 1209 - Mixed Use-store/residential : Mixed Use - Residential
Zoning: 6200 - Commercial - Arterial
Municipal Zoning: BU-1A (Unincorporated Miami-Dade County)
All Listed | All Properties
  -
Prior Sale*
Type: Financial inst or "In Lieu of Forclosure" stated
Qual: U
Date: 02/28/2014
Amount: $330,000
  -
Prior Sale #2* (Second to Last)
Type: Financial inst or "In Lieu of Forclosure" stated
Qual: U
Date: 07/24/2013
Amount: $230,200
  -
Prior Sale #3* (3rd to Last)
Type: Financial inst or "In Lieu of Forclosure" stated
Qual: Q
Date: 04/01/2006
Amount: $705,000
  -
Taxable Values*
Tax Year: 2023
Land: $552,000
Building: $233,000
Total: $785,000
Assessed: $561,000
County Taxable: $561,000
City Taxable: $0
Mill Code: 3000
  -
Ownership*
Owner 1: 3490 Nw 32 Ave Llc
Mailing Address: 532 Palmetto Dr
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33166
Mailing Country: USA
  -
Building Information*
Stories: 1
Units: 4
Year Built: 1945
Effective Year Built: 1945
Extra Features 1: Cent A/c - Comm (aprox 300 Sqft/ton)
Extra Features 2: Paving - Asphalt
Extra Features 3: Paving - Asphalt
  -
Legal Description*
Legal Description Concatenated: MELROSE HGTS 4TH SEC PB 17-21 LOTS 1 & 2 BLK 46 LOT SIZE 100.000 X 138 OR 20764-3060 1002 2 (2) COC 24602-2548 04 2006 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

$2,900,000
Listing ID#A11691864
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Mixed Use
Listing Type : For Sale
Listing ID : A11691864
Price : $2,900,000
Year Built : 1945
Built up area : 5,927 Sqft
Status : Active
Type of Business : Restaurant/bar, Residential-multi-family