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Paradise Realty FLA
145 NW 31st Street, Miami, FL 33127
- $1,455,000
- 2,018
- SqFt
- List Price
- $1,455,000
- MLS#
- A12080413
- Sq. Ft
- 2,018
- Subtype
- Triplex
- County
- Miami-Dade
- Subdivision
- Prices Addn To St James P
- Region
- 2310
- Year Built
- 1925
Property Description
Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 22 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.
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Additional Information
- Heating
- Electric, Separate Meters
- Cooling
- Central Air
- Roof
- Concrete
- Sewer
- Public Sewer
- Parking Spaces
- 2
- Flooring
- Ceramic Tile
- Construction
- Block
- Living Area
- 2,018
- Elementary School
- Eneida Massas Hartner
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
Listing courtesy of JFA Realty Co. Contact: