831 Sw 31st Ct Ct
Miami, Florida
$1,395,000 Rental Price
- Bedrooms   - Baths

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...

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.

Listing courtesy of Octavio Robles, RE Broker

 

Listing Details

Miami, Florida
Type: Rental
Price: $1,395,000
Approx. square footage: 2,252 sf
Web ID: 11606119
MLS ID: A11606119

Info & Amenities

Type: Duplex
Built: 1957
Pool: Yes

Map of Area for 831 SW 31st Ct Ct

Listing Agent(s)