3490 NW 32nd Ave, Miami FL 33142

Just blocks from Miami’s main NW 36th Street corridor. This versatile property delivers multiple income streams, featuring a spacious restaurant/nightclub generating $9,000 monthly on the ground floor and four residential units producing $7,200 monthly, with potential for 15-20% income growth without major repairs – current in place is $220,000 gross. A well-maintained CBS duplex includes two 2-bed, 1-bath units currently rented below market, presenting immediate upside. The property also includes a yard leased for truck parking and storage, adding $2,140 monthly.

With substantial land banking potential, this property qualifies under the new Live Local SB 102 Act, offering the chance to enhance density and building height for a transformative high-density, mixed-use development.