Commercial Real Estate

Basics

Description

  • Description:

    The subject property comprises 6,024 SF of ground floor retail space on a 14,625 SF lot across two folios. Generating $432k in combined income, with The House of Arts as the primary tenant and additional revenue from food trucks. Located at the high-traffic corner of NW 36th Street and NW 1st Avenue in Wynwood Norte, near Midtown and the Design District. Close to I-195 exit, facilitating access to I-95, with approximately 19,000 daily commuters. Zoned T6-8-O, allowing for high-density development of 150 units per acre, eight stories by right, with a potential four-story bonus.

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Property details

  • Total Building Area: 6024
  • Lot Size Square Feet: 14625
  • Parcel Number: 01-31-25-019-0260
  • Lot Size Area: 14625
  • Structure Type: Retail

Property Features

  • Covered Spaces: 0

Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 6100

Fees & Taxes

  • Tax Annual Amount: 60449
  • Tax Legal Description: WYNDWOOD PARK PB 5-23 LOTS 1 & 2 LESS N5FT & LESS EXT AREA OF CURVE ON NE COR OF LOT 1 BLK 2 FOR R/W LOT SIZE 9875 SQ FT COC 25571-2883 04 2

Miscellaneous

  • Public Survey Section: 25
  • Syndication Remarks: 6,024 SF retail space on 14,625 SF lot, generating $432k income. Prime location in Wynwood Norte, zoned T6-8-O, w/ high-density development potential.

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This -type commercial real estate is located in 36th St, Miami, was built in 1977, and is listed at $7,250,000.

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