203 Nw 35th St, Miami, FL 33127

$1,350,000

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List Price
$1,350,000
Price Change
▼ $150,000 1765417024
MLS#
A11749710
Status
ACTIVE
Type
Commercial

Property Description

Investment Opportunity in Red-Hot Wynwood North! This dual-address corner lot (203 NW 35 St & 3510 NW 2nd Ave) sits steps from MidTown, offering prime development or income-producing potential. Zoned T5-O, this 5,000 SF lot currently features a 1,590 SF structure divided into two legal units. The front commercial unit is rented NNN for $4,000 per month, while the vacant 3/2 rear unit can be rented for $3,500 per month or generate up to $10,000 per month on Airbnb. Corner exposure offers unbeatable visibility and branding potential, and zoning allows for a mix of uses, including multifamily, retail, office, and short-term rentals. Whether you're looking for cash flow now, a redevelopment play, or a long-term land bank.

Additional Information

Days on Market
578
Tax Amount
$4,374
Parcel Number
01-31-25-019-0550
Lot Size
5,000
Address
203 Nw 35th St, Miami
Year Built
1936
Section
25

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Calculator source: Real Geeks

Listing Courtesy of RE/MAX Advance Realty II, Contact: 786-280-0101