821 SW 31st Ct Miami, FL 33135
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.
- Property TypeMulti-Family
- NeighborhoodHilah Park Addn, 821/831 Assemblage
- CountyMiami-Dade
- Taxes$6,548
- HOA/Condo/Coop Fees$0
- Days on Site38 Days
- MLS StatusActive
- MLS ID NumberA11606113
- Home Size Source N/A
- Year Built1925
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Detached
- Parking Spaces 4
- Sewer Public Sewer
- Number of Stories 11
- Property Sub Type Duplex
- Zoning 3901
Interior Features
- Cooling Ceiling Fan(s)Wall/ Window Unit(s)
- Heating Window/ Wall
- Flooring Tile
Exterior Features
- Roof Shingle
- Waterfront Property No
- Lot Less Than 1/4 Acre Lot
Community Features
- MLS Area Hilah Park Addn