831 SW 31st Ct Miami, FL 33135
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.
- Property TypeMulti-Family
- NeighborhoodHilah Park Addn, 821/831 Assemblage
- CountyMiami-Dade
- Taxes$12,231
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID NumberA11606119
- Home Size Source N/A
- Year Built1957
- 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 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