831 SW 31st Ct, Miami FL 33135,Miami,Miami-Dade County,Residential Income

1.395.000 $
831 SW 31st Ct, Miami FL 33135, Miami, 821/831 Assemblage, HILAH PARK ADDN

Overview

  • Updated On:
  • June 14, 2024
  • 2,076 ft2

Description

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.

Address: 831 SW 31st Ct, Miami FL 33135
City:
State/County:
Zip: 33135
Country: US

Property Id: 1005867
Price: 1.395.000 $
Property Size: 2,076 ft2

Other Features
Has Cooling System
Has Heating System

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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7,152.44 $
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
5,408.69 $

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