3490 NW 32nd Ave, Miami FL 33142

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 mixed use home located at 3490 NW 32nd Ave, Miami FL 33142 is currently for sale and has been available on Brickellsold for 11 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1945. 3490 NW 32nd Ave, Miami FL 33142 is in Miami neighborhood Miami-Dade County.