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.
3590 NW 36th St, Miami, FL, 33142
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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