821 SW 31st Ct Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33135
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $678
Subdivision Hilah Park Addn
MLS Listing ID A11606113
Year Built 1925
Annual Tax Amount $6,548
Tax Year 2023
Property Description
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.
Location
State FL
County Miami-dade
Community Hilah Park Addn
Area 41
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s),Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash
Listing Terms Cash