400 NE 36th St, Miami FL 33137

An infill land site on the densely trafficked NE 36th Street thoroughfare which serves as the access road to the I195 / Julia Tuttle Causeway. The site has approved plans for a 7,350 SF retail/office building which a developer can break ground on immediately. Currently generating about $130K net annually for the owner with the potential for at least $16,000/month from short-term uses like parking & advertising. Situated directly behind McDonalds, Wendy’s, Pollo Tropical & Taco Bell. Nearly 60,000 daily vehicles. The property is walking distance to the Design District and Midtown. The site has by-right zoning allowances for up to 36 stories & 22 units which can be realized by assembling contiguous property or altering the existing plans for a boutique multifamily concept.