$1,395,000
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831 SW 31st Ct Miami, FL 33135
Duplex
Residence
Beds
Baths
2,252
Sq. Ft.
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THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113. The properties are 100 feet from SW 8th St. 6 blocks from the Douglas Entrance in Coral Gables. They a...re directly across from a trailer park that sold in November of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF. (both $2,290,000). Both properties are classified as “Medium density commercial” in the Master Plan. This corresponds to a T-5 zoning. Additionally, under the amended Live Local Act, the density can be increased substantially.
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MLS#
A11606119
Property Type
Duplex
Year Built
1957
Square Feet
2,252
sq. ft
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