145 Nw 31st St, Miami, FL 33127
- $1,455,000
- 2,018
- SqFt
- List Price
- $1,455,000
- MLS#
- A12080413
- Sq. Ft
- 2,018
- Subtype
- Triplex
- County
- Miami-Dade
- Community
- Prices Addn To St James P
- Subdivision
- Prices Addn To St James P
- Year Built
- 1925
Property Description
Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 22 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 2
- Construction
- Concrete Block Construction, CBS Construction
- Cooling
- Central Air
- Flooring
- Ceramic Floor
- Heating
- Electric
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Concrete
- Taxes
- $12,404
- Total Floors
- 1
- Stories
- 1
- Roofing
- Concrete
- Price Per Sqft
- $721
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Listing Courtesy Of JFA Realty Co, Contact: