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$2,850,000
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Property Description
Cash flow, multi-use functionality, and future development potential all in one! Located just blocks away from Miami's vibrant NW 36th Street corridor, this mixed-use powerhouse includes: ( One Duplex / Two Apartments / Parking Storage Lot / Commercial Space - currently operating as a nightclub restaurant ) The entire property is leased on a month-to-month basis with long term tenants, generating an estimated gross income of $232,000 per year. BU-1A zoning allows for construction of up to four stories and offers a wide range of property uses. Don't miss out on this rare find! With potential for increased rents & significant future development potencial, this property could be the perfect addition to your investment portfolio. Schedule your tour or call today to explore the possibilities!
Full Property Details
Full Property Details for 3490 NW 32nd Ave
General
- Price: $2,850,000
- Taxes: $12,828
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11835192
- Updated: 7/9/2025
- Added to Site: 195 day(s) ago
Business
- Business Type: Commercial/Residential Income, Residential-Multi-Fa
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 5
Structural Information
- Detached/Attached: Detached
- Building Size: 5927
- Year Built: 1945
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Sq. Ft.): 13,800
- Zoning: 6200
Financial Considerations
- Tax Amount: $12,828
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: MELROSE HGTS 4TH SEC PB 17-21 LOTS 1 & 2 BLK 46 LOT SIZE 100.000 X 138 OR 20764-3060 1002 2 (2) COC 24602-2548 04 2006 1
- Property ID: 30-31-28-013-0920
Listed by Lifestyle International Realty
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Schools
Schools serving 3490 NW 32nd Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Melrose Elementary School, Miami, FL 3050 Northwest 35th Street, Miami, FL 33142 | PK-5 | 0.2 mi |
Brownsville Middle School 4899 Northwest 24th Avenue, Miami, FL 33142 | 6-8 | 1.2 mi |
Miami Northwestern Senior High School 1100 Northwest 71st Street, Miami, FL 33150 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3490 NW 32nd Ave
Date
Details
Price
Change
Source
7/07/2025
Listed
$2,850,000
763.64%
MLS
2/28/2014
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3490 NW 32nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,399
12%
$970,000
10%
2023
$11,117
27%
$881,000
73%
2022
$8,753
2%
$510,000
—
2021
$8,567
6%
$510,000
12%
2019
$8,074
13%
$453,601
10%
2018
$7,171
6%
$412,500
7%
2017
$6,767
4%
$387,020
11%
2016
$6,513
6%
$348,599
4%
2015
$6,165
-1%
$335,560
1%
2014
$6,220
-14%
$330,748
-15%
2013
$7,251
—
$386,976
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3490 NW 32nd Ave
3490 NW 32nd Ave, Miami, FL 33142 (MLS# A11835192) is a Commercial Multi-Family property. 3490 NW 32nd Ave is currently listed for $2,850,000 and was received on July 07, 2025. Want to learn more about 3490 NW 32nd Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

