Interior
- Bathrooms
- 0
- Cooling
- Central Air
- Heating
- Central
Active · MixedUse
$7,000,000
1036 SW 3rd Ave, Miami, FL 33130
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1925
- Lot size
- 4,400 sq ft
- HOA fee
- —
- Annual tax
- $501
About this property
One of the last remaining lots in Brickell.It abuts I-95 and giving great exposure for electric signing.Zoned under city of Miami code for 39 Residential Units/78 Hotel Units.The Miami Dade County Code may allow up to 100 units.This 8,600 square feet lot combined at 1022-1036 SW 3 Ave is strategically positioned in the heart of Brickell.Zoned T6-24-Oa,this property allows for the construction of a 24-story,60,000sqft of mixed-use building. Located just a block and a half from the Mercedes-Benz Condo Development half a block from the Visions Hotel project & two blocks from Smart Brickell this site is surrounded by high-profile developments,ensuring strong demand and long-term value.With Brickell’s continued growth as a hub for luxury living and business.
Property location
Get Directions1036 SW 3rd Ave, Miami, FL 33130
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1925
- Lot size
- 4,400 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $501
- County
- Miami-Dade
- Days on market
- 150
- MLS listing ID
- A11944112
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,659
- Cap rate
- 5.2%
- Net yield
- 5.2%
- Cash-on-cash return
- -1.6%
- Gross yield
- 6.6%
- Mortgage payment
- $33,184/mo
- Down payment
- $1,750,000
- Loan amount
- $5,250,000
- Annual NOI
- $366,299
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.