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 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.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Concrete
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:
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:
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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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