Property Description

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 16 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.

Features
Swimming Pool
Heating System
Cooling System
Roof
Sewer
Address Map
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''
MLS Addon
Building Area:
2,202 Sqft
Construction Materials
Cumulative DOM:
497
DOM:
59
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
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
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Residential Income For Sale

145 Nw 31st St, Miami, Florida 33127, Miami, Florida 33127

2,018 Sqft
$1,455,000
MLS # #A12080413
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,455,000
Square Footage :
2,018 Sqft
Year Built :
1925
MLS # :
A12080413
Agent info
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