Miami, FL 33135,821 SW 31st Ct
Miami, FL 33135,821 SW 31st Ct
Miami, FL 33135,821 SW 31st Ct
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$895,000
Est. payment /mo
1,320 SqFt

UPDATED:

09/30/2024 09:38 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,320 sqft

Price per Sqft $678

Subdivision Hilah Park Addn

MLS Listing ID A11606113

Construction Status Effective Year Built

HOA Y/N No

Year Built 1925

Annual Tax Amount $6,548

Tax Year 2023

Property Description

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.

Location

State FL

County Miami-dade

Community Hilah Park Addn

Area 41

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 01-41-09-021-0030

Acceptable Financing Cash

Listing Terms Cash


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Listed by Octavio Robles, RE Broker

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821 SW 31st Ct

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