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Property Description

Duplex with (1) 1 BR/1 BA (Unit R) (2) Studio /1 BA (UNIT F) (3) Efficiency. Separate electrical for Unit F and Unit R. Shared Washer and Dryer in back. Lot size of 5,685 SF with a current zoning of T4-L. Future land use Master Plan changed to “Medium Density Commercial”, corresponding zoning T-5. The corresponding zoning under Miami 21 would be T5L or T5O, which allows commercial with residential uses. T5 would permit approx. 8.46 dwelling units in a 5-story building. The property borders T6-8 on the north (along 8th St.). The property being offered is priced as it is now in the Master Plan (T5). The property also benefits from access to 12-inch water main and 8-inch sewer lines fronting Home Depot. Property generates $46,800/annual rents. Price of $895,000 ($158/SF lot size of 5,670 SF).

Features
4
Address Map
FL
Miami-Dade County
Miami
33135
821 SW 31st Ct
HILAH PARK ADDN
W81° 45' 16.5''
N25° 45' 52.4''
HILAH PARK ADDN,821/831 Assemblage
MLS Addon
Detached
All Cash, Conventional
1
3
1
Duplex
$6,548
2022
Click Here
3901
3
15/09/2023 02:20:08

821 SW 31st Ct, Miami, Florida 33135

$895,000
1,320 size sq.ft.
Listing ID #A11442765
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11442765
Price $895,000
Square Footage 1,320 Sqft
Year Built 1925
Days on Market 18
Building Area 1,320 Sqft
Status Active
Property SubType Duplex
On Market Date 28/08/2023
Elena Beck
MiamiInvestrealty
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