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Other Land - NORTHERN BLVD TRACK for Sale

321 NW 31ST ST, MIAMI, FL 33127

Asking Price$1,500,000

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  • Lot size 6480sqft
  • Taxes $739
  • Days on market:

    179 day(s)
  • Original Price:

    $1,500,000
  • Tax Legal Description:

    NORTHERN BLVD TR PB 2-29 LOT 20 LESS E5FT BLK 5 LOT SIZE 45.000 X 144 OR 10659-1202 1179 4
  • Tax Year:

    2023
  • Property Type:

    Land
  • Waterfrontage (sqft):

    45
  • Lot Features:

    City Location Less Than 1 Acre

Description

$1,500,000

321 nw 31st street is located in miami, fl, within the wynwood norte neighborhood. the property is located south of i-195 and east of i-95, within walking distance to the wynwood arts district, wynwood walls, and a wide variety of eclectic restaurants, art galleries, and retail shops. this duplex was built in 1957 consisting of (2) two-bedroom, one-bath units totaling approximately 654 square feet of livable space. currently, the property is not generating income and allows for a re-development opportunity to benefit from the nrd-2 zoning ordinance which encourages dense infill developments. the asset also allows a new owner to enter and complete a full rehab project and own in one of miami’s trendiest areas where elevated demand and tight vacancies have driven significant rental gains.

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