145 NW 31st Street, Miami, FL 33127

$1,475,000

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List Price
$1,475,000
MLS#
A11821788
Lot Size
7,150
Lot Dimensions
7150
Subtype
Unimproved Land
County
Miami-Dade
Subdivision
Prices Addn To St James P
Region
2310

Property Description

AS-IS Wynwood Norte infill opportunity: tenant-occupied triplex on approx. 7,150 sq ft lot near Midtown, Design District and Wynwood Walls. T4-R NRD-2 General Urban Transect supports urban redevelopment. Zoning, density, unit count, height, stories, and parking to be independently verified by buyer and buyer’s architect. Estimated development potential: approx. 24 units, 3 stories as marketed, and up to 5 stories by right, potentially 6 with bonuses; exact zoning/overlay to be confirmed during due diligence. zoning, density, setbacks, build-to and permitting). In-place income approx. $2,450/month-to-month tenants provide flexibility for repositioning or redevelopment while offering immediate cash flow for buy-and-hold investors. Offered AS-IS/where-is, subject to buyer due diligence. Annual taxes approx. $12,404 (buyer to verify).

Additional Information

Sewer
Public Sewer
Water
Public, Well
Community Features
Street Lights, Sidewalks
Elementary School
Eneida Massas Hartner
Middle School
Jose De Diego
High School
Booker T. Washington

Listing courtesy of Douglas Elliman. Contact:

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