821 SW 31st Ct, Miami, 33135
Buy
821 SW 31st Ct, Miami, 33135
Quick Details
- Property Type
- Duplex
- 1320
- sqft
- 1925
- Year Built
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.
Address
Open on Google Maps- Address 821 SW 31st Ct
- City Miami
- State/county Florida
- Zip/Postal Code 33135
- Area Miami-dade County
Details
- MLS #: A11606113
- Price: $895,000
- Property Size: 1320 sqft
- Year Built: 1925
- Property Type: Duplex
- Property Status: Buy
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