3500 NW 17 AVE is prominently situated on a hard corner just off 36th ST, one of Allapattah's main corridors connecting Wynwood to Allapattah. The property boasts 173 feet of frontage on 17th Avenue, another major thoroughfare with an average daily traffic count of 19,500 cars. This location is in one of Miami's fastest-growing submarkets, characterized by strong demand from end users, investors, and developers seeking to capitalize on the area's rapid westward expansion.
The property features an 11,535 SF building, currently leased to two tenants, on a 21,060 SF lot. It is zoned T6-8-O, allowing for mid-rise development with the potential for up to 72 multi-family units. This makes it an ideal investment for those looking to collect rental income and benefit from the area's inevitable appreciation before pursuing development opportunities.
For detailed information on rents and expenses, please contact the listing agent.