145 Nw 31st St, Miami, FL 33127
- $1,455,000
- 2,018
- SqFt
- List Price
- $1,455,000
- MLS
- A12080413
- Complex Name
- Prices Addn To St James P
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,018
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.
/u.realgeeks.media/miamifineliving/361365bcf194-Real_Logo_Solid_Knockout_Black_with_Aqua_Wordmark.jpg){kind=logo}
Additional Information
- Days on Market
- 1
- Style
- Triplex
- #Parking Spaces
- 2
- Year Built
- 1925
- Development Name
- Prices Addn To St James P
- #Stories
- 1
- Construction Type
- Concrete Block Construction, CBS Construction
- Section
- 25
Mortgage Calculator
Listing Courtesy of JFA Realty Co, Contact: