$1,475,000

145 Nw 31st St Miami, Florida

  • 2,018 Sqft
  • Updated: July 31

About the Property

AS-IS Wynwood Norte infill opportunity: tenant-occupied triplex on approx. 7,150 sq ft lot near Midtown, Design District and Wynwood Walls. T4-R NRD-2 General Urban Transect supports urban redevelopment. Zoning, density, unit count, height, stories, and parking to be independently verified by buyer and buyers architect. Estimated development potential: approx. 24 units, 3 stories as marketed,
AS-IS Wynwood Norte infill opportunity: tenant-occupied triplex on approx. 7,150 sq ft lot near Midtown, Design District and Wynwood Walls. T4-R NRD-2 General Urban Transect supports urban redevelopment. Zoning, density, unit count, height, stories, and parking to be independently verified by buyer and buyers architect. Estimated development potential: approx. 24 units, 3 stories as marketed, and up to 5 stories by right, potentially 6 with bonuses; exact zoning/overlay to be confirmed during due diligence. zoning, density, setbacks, build-to and permitting). In-place income approx. $2,450/month-to-month tenants provide flexibility for repositioning or redevelopment while offering immediate cash flow for buy-and-hold investors. Offered AS-IS/where-is, subject to buyer due diligence. Annual taxes approx. $12,404 (buyer to verify).
  • Property type

    Other

  • Floors

    1

  • Year built

    1925

  • Price/sqft

    $730

Features

  • Pool
  • Terrace
  • Water View
  • Garden
  • Gate
  • Stone Countertops
  • Parking

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Douglas Elliman - Coral Gables

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Douglas Elliman - Coral Gables
Florida, United States
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188
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2020
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Douglas Elliman - Coral Gables
Coral Gables, Florida, United States
View agency profile
Last updated
July 31
First listed
Apr 25
Listing reference
A12007378
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