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Property Description

Property consists of a Duplex with (1) 2 BR/1 BA (Unit 831) (2) 1 BR /1 BA (Unit 833) (3) Efficiency. Separate electrical. Shared Washer and Dryer in back. Lot size of 8,849 SF with a current zoning of T4-L. Future land use Master Plan changed to “Medium Density Commercial”, corresponding zoning T-5. 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. 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 benefits from access to 12-inch water main and 8-inch sewer lines fronting Home Depot. Property generates $60,600/annual rents. Price of $1,395,000 ($136/SF lot size of 8,849 SF).

Features
4
Address Map
FL
Miami-Dade County
Miami
33135
831 SW 31st Ct
HILAH PARK ADDN
W81° 45' 16.3''
N25° 45' 51.9''
HILAH PARK ADDN,821/831 Assemblage
MLS Addon
Detached
All Cash, Conventional
1
2
1
Duplex
$12,231
2022
Click Here
3901
3
15/09/2023 02:46:25

831 SW 31st Ct, Miami, Florida 33135

$1,395,000
2,076 size sq.ft.
Listing ID #A11442775
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11442775
Price $1,395,000
Square Footage 2,076 Sqft
Year Built 1957
Days on Market 1
Building Area 2,252 Sqft
Status Active
Property SubType Duplex
On Market Date 14/09/2023
Elena Beck
MiamiInvestrealty
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