145 Nw 31st St, Miami, FL 33127

$1,475,000

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List Price
$1,475,000
Price Change
▼ $75,000 1780969052
MLS#
A11821788
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

AS-IS Wynwood Norte infill opportunity: tenant-occupied triplex on approx. 7,150 sq ft lot near Midtown, Design District and Wynwood Walls. T4-R NRD-2 General Urban Transect supports urban redevelopment. Zoning, density, unit count, height, stories, and parking to be independently verified by buyer and buyer’s architect. Estimated development potential: approx. 24 units, 3 stories as marketed, and up to 5 stories by right, potentially 6 with bonuses; exact zoning/overlay to be confirmed during due diligence. zoning, density, setbacks, build-to and permitting). In-place income approx. $2,450/month-to-month tenants provide flexibility for repositioning or redevelopment while offering immediate cash flow for buy-and-hold investors. Offered AS-IS/where-is, subject to buyer due diligence. Annual taxes approx. $12,404 (buyer to verify).

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
View
None
Acres
0.16
Boat Services
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy Of Douglas Elliman, Contact: