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.
- Swimming Pool
- Heating System
- Cooling System
- Roof:
- Concrete
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 145 Nw 31st St, Miami, Florida 33127
- Longitude:
- W81° 48' 6.5''
- Latitude:
- N25° 48' 21.3''
- Building Area:
- 2,202 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 444
- DOM:
- 6
- Directions:
- From I-95, take the I-195/Julia Tuttle Causeway exit toward Miami Beach. Exit toward N Miami Ave, head south, then turn west onto NW 31st St. Property is located at 145 NW 31st St, Miami, FL 33127.
- Flooring:
- Ceramic Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 01-31-25-027-0410
- Subdivision Name:
- PRICES ADDN TO ST JAMES P
- Tax Annual Amount:
- $12,404
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
145 Nw 31st St, Miami, Florida 33127, Miami, Florida 33127
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,455,000
- Square Footage :
- 2,018 Sqft
- Year Built :
- 1925
- MLS # :
- A12080413
