821 Sw 31st Ct
Miami, Florida
$895,000 Rental Price
- Bedrooms   - Baths

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...

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.

Listing courtesy of Octavio Robles, RE Broker

 

Listing Details

Miami, Florida
Type: Rental
Price: $895,000
Approx. square footage: 1,320 sf
Web ID: 11606113
MLS ID: A11606113

Info & Amenities

Type: Duplex
Built: 1925
Pool: Yes

Map of Area for 821 SW 31st Ct

Listing Agent(s)