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3590 Nw 36th St, Miami, FL 33142

$1,620,000

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Sold Price: $1,620,000
List Price: $1,700,000
Closing Date: Mar 05, 2026
MLS#: A11807115
Status: CLOSED
Type: Commercial

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Property Description

This property offers a compelling investment opportunity, combining immediate income with substantial development potential. Currently generating income from a car dealership, it provides a reliable revenue stream. The 13,946 square-foot lot, featuring a 1,450 square-foot structure, allows for significant development—up to 48 units in an 8+ floor building, or potentially 12 floors with bonuses. Located on a prime corner between NW 36 Avenue and NW 36 Street, it boasts high visibility and easy access to major expressways, enhancing its appeal for both commercial and residential projects. This property is ideal for investors seeking both short-term returns and long-term growth potential.

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Additional Information

Days on Market: 202
Tax Amount: $24,173
Parcel Number: 01-31-28-014-0100
Lot Size: 13,946
Address: 3590 Nw 36th St, Miami
Development Name: Melrose Heights 5th Sec
Development: Melrose Heights 5th Sec
Section: 28