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Residential Income
$895,000
821 SW 31st Ct Miami, FL

A11606113

89 of 448 for Sale
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an agent
  • Listed On:

    Jun 14, 2024
  • Days on Market:

    110
  • Year:

  • Taxes:

    $6,548 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

821 SW 31st Ct Miami, FL THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. One of two contiguous sites for sale together. The other is the adjacent property at 831 SW 31 Ct. Miami, FL 33135. MLS # A11606119. The properties are 100 feet from SW 8th St. 6 blocks from the Douglas Entrance in Coral Gables. They are directly across from a trailer park that sold in November, 2021 for $58 million and is a half block from Home Depot. This property generates $48,000 in annual income (together; $112,800). $895,000 price equals $158/SF per lot size of 5,670 SF. (together; $2,290,000), See MLS # 11606119. 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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