For Sale
$17,900,000

7411 36Th StMiami, FL 33166

Prime Miami land, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.92-acre commercial land parcel, located at 7411 NW 36th St, Miami, FL 33166, presents a unique redevelopment opportunity. Currently improved with a 6,157 square foot building, the property boasts a 100% occupancy rate and offers significant upside potential. The asking price is $17,900,000, translating to $2,907.26 per square foot. Built in 1978, this site benefits from its strategic location in Miami-Dade County, near the intersection of NW 36th Street and the Palmetto Expressway. High traffic counts are a key advantage: NW 36th Street sees an average of 49,000 vehicles daily, while the Palmetto Expressway averages 243,000 vehicles daily. Proximity to Miami International Airport (MIA), which served 37.2 million passengers in 2021, further enhances the property's desirability. The site's zoning allows for a mixed-use development, potentially including hotel and retail components, making it an attractive investment for developers seeking a high-impact project in a thriving Miami location. This single-tenancy property offers a blank canvas for a visionary project in a high-traffic area with excellent visibility and access. The substantial lot size and prime location make this a rare opportunity for significant returns.

Highlights

  • Redevelopment potential available.
  • 0.92-acre site.
  • Excellent location.

Property Details for 7411 36Th St

Property type
Retail properties, Land
Square Feet
6,157 SF
Year Built
1978
Lot Size (sq. ft)
40,075 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.809453996275
Longitude
-80.318071747559
7411 36Th St, Miami, Florida

FAQs

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7411 36Th St
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