Price Check
How this price compares
- List price
- $3,900,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 79
This lot in ZIP 33142 is listed at $3,900,000. It has been on the market for 79 days.
Estimated monthly payment
$20,496 /mo
Principal and interest only, based on $780,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,900,000
- Days on Site
- 79 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.77 Acres
- Property Type
- Land
- MLS #
- A12049108
- Property Tax
- $34,774 (2025)
- Subdivision
- MELROSE HEIGHTS 4TH SEC
- County
- Miami Dade
- Status
- Active
About This Property
The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units. Here’s the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 0.77
- Water Source
- Public
- Zoning
- 6100
Exterior Features
- Lot Features
- One To Two Acres / Two To Three Acres / City Lot
Community & HOA
- Utilities
- Cable Available / Electricity Available / Other / Phone Available / Sewer Available / Trash Collection / Water Available
- Restrictions
- City Restrictions
- MLS Area
- 2310
Schools
- Elementary School
- Melrose
- Middle School
- Brownsville
- High School
- Miami Northwestern
About the Community
Melrose Heights 4th Sec is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $450,000 to $550,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Melrose Heights 4th and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Median List Price
- $450,000
- Median $/Sq Ft
- $173
- Avg Days on Market
- 195
Frequently Asked Questions
- How do I schedule a tour of 3340 NW 36th Street, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 3340 NW 36th Street, Miami, FL 33142. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3340 NW 36th Street, Miami, FL 33142 still available?
- 3340 NW 36th Street, Miami, FL 33142 is currently listed as Active, and has been on the market 79 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3340 NW 36th Street, Miami, FL 33142?
- With 20% down ($780,000) on the $3,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3340 NW 36th Street, Miami, FL 33142 is about $20,496/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3340 NW 36th Street, Miami, FL 33142?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3340 NW 36th Street, Miami, FL 33142. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 3340 NW 36th Street, Miami, FL 33142?
- 3340 NW 36th Street, Miami, FL 33142 is zoned for Melrose (elementary), Brownsville (middle), Miami Northwestern (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 3340 NW 36th Street, Miami, FL 33142?
- Often, yes. The right offer on 3340 NW 36th Street, Miami, FL 33142 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RE/MAX 360 Real Estate
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 7, 2026.
$3,900,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Agustin Duarte, RE/MAX 360 Real Estate
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in ZIP 33142
These are the last 6 recorded closings in ZIP 33142, with the price each home actually sold for rather than what it was listed at. They closed at a median of $374 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$542,700
Sold · October 1, 2026
1613-1615 NW 45th Street
0 bed · 0 bath · 1,452 sqft · $374/sqft
$6,300 under the asking price
Sold$370,000
Sold · September 29, 2026
2335 NW 55th Street
3 bed · 1 bath · 904 sqft · $409/sqft
$24,900 under the asking price
Sold$780,000
Sold · September 25, 2026
1895 NW 47th Terrace
0 bed · 0 bath · 2,300 sqft · $339/sqft
$15,000 under the asking price
Sold$540,000
Sold · September 25, 2026
2944 NW 61st Street
4 bed · 2 bath · 1,284 sqft · $421/sqft
$20,000 under the asking price
Sold$850,000
Sold · September 22, 2026
2100 NW 24th Street
0 bed · 0 bath · 2,508 sqft · $339/sqft
$45,000 under the asking price
Sold$850,000
Sold · September 22, 2026
2110 NW 24th Street
0 bed · 0 bath · 2,508 sqft · $339/sqft
$45,000 under the asking price
See every recorded sale in ZIP 33142 or find out what your ZIP 33142 home is worth.
