THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED.
One of two contiguous sites for sale together. The other is the adjacent property at 831 SW 31 Ct. Miami, FL 33135. MLS # A11606119.
The properties are 100 feet from SW 8th St. 6 blocks from the Douglas Entrance in Coral Gables. They are directly across from a trailer park that sold in November, 2021 for $58 million and is a half block from Home Depot. This property generates $48,000 in annual income (together; $112,800). $895,000 price equals $158/SF per lot size of 5,670 SF.
(together; $2,290,000), See MLS # 11606119.
Both properties are classified as “Medium density commercial” in the Master Plan. This corresponds to a T-5 zoning. Additionally, under the amended Live Local Act, the density can be increased substantially.
One of two contiguous sites for sale together. The other is the adjacent property at 831 SW 31 Ct. Miami, FL 33135. MLS # A11606119.
The properties are 100 feet from SW 8th St. 6 blocks from the Douglas Entrance in Coral Gables. They are directly across from a trailer park that sold in November, 2021 for $58 million and is a half block from Home Depot. This property generates $48,000 in annual income (together; $112,800). $895,000 price equals $158/SF per lot size of 5,670 SF.
(together; $2,290,000), See MLS # 11606119.
Both properties are classified as “Medium density commercial” in the Master Plan. This corresponds to a T-5 zoning. Additionally, under the amended Live Local Act, the density can be increased substantially.
Property Details
Price:
$895,000
MLS #:
A11606113
Status:
Active
Beds:
0
Baths:
0
Address:
821 SW 31st Ct
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HILAH PARK ADDN,821/831 Assemblage
Neighborhood:
Hilah Park Addn
City:
Miami
Listed Date:
Jun 13, 2024
State:
FL
Finished Sq Ft:
1,320
Total Sq Ft:
1,320
ZIP:
33135
Year Built:
1925
Units:
3
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Schools
Interior
Cooling
Ceiling Fan(s), Wall/ Window Unit(s)
Flooring
Tile
Heating
Window/ Wall
Exterior
Architectural Style
Detached
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2023
Taxes
$6,548
Map
Community
- Address821 SW 31st Ct Miami FL
- SubdivisionHILAH PARK ADDN,821/831 Assemblage
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
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