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2140 NW 36th St
Miami, FL 33142
Asking Price
$7.30M
Asset Type
Commercial Land
Class
Class B
What's Special
46,742 SF Assemblage | Approx. 750 Units | Central Miami Location <p>· Approx. 46,742 SF development assemblage </p><p>· Approx. 179 FT frontage +/- along NW 36th Street & Approx. 265 FT depth +/- </p><p>· Conventional zoning yield: approx. 117 units </p><p>· <strong>Live Local Act upside: up to approx. 750 units</strong> on the qualifying T6-8-O land (1,000 du/acre) </p><p>· LLA unlocks higher density, added height, and reduced parking — approved administratively, no rezoning </p><p>· <strong>Less than ¼ mile from Earlington Heights Metrorail</strong>
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NOI
$80,000
Cap Rate
1.10%
DSCR
0.18
Underwater
Cash-on-Cash
-16.14%
Monthly Payment
$36,116.417
Annual Cash Flow
$-353,397.004
