145 Nw 31st St, Miami, FL 33127
- $1,455,000
- List Price
- $1,455,000
- MLS#
- A12080424
- Lot Size
- 7,150
- Subtype
- Residential
- County
- Miami-Dade
- Community
- Prices Addn To St James P
- Subdivision
- Prices Addn To St James P
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
- Front Exposure
- Northwest
- Status Label
- ACTIVE
- Boat Service
- None
- Lot Description
- City Location, Less Than 1/4 Acre Lot, Fenced, Other, Sidewalk, Street Lights, Well
- Taxes
- $12,404
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
- Acres
- 0.16
- Boat Services
- None
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Listing Courtesy Of JFA Realty Co, Contact: