831 SW 31st Ct, Miami, 33135

  • $1,395,000

Buy

Miami

Quick Details

MLS #: A11606119
  • Property Type
  • Duplex
  • 2076
  • sqft
  • 1957
  • Year Built

Description

THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED.

It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113.

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 of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF.
(both $2,290,000).

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 831 SW 31st Ct
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33135
  • Area Miami-dade County

Details

  • MLS #: A11606119
  • Price: $1,395,000
  • Property Size: 2076 sqft
  • Year Built: 1957
  • Property Type: Duplex
  • Property Status: Buy
Listed by Octavio Robles · Octavio Robles, RE Broker - Updated on June 14, 2024 at 2:55 pm

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For more information about this Duplex for Buy currently listed for $1395000 located in 831 SW 31st Ct Miami, Florida 33135 please call our real estate office at 1-(305) 728-0840

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