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Multi Family - HILAH PARK ADDN for Sale

831 SW 31ST CT, MIAMI, FL 33135

Asking Price$1,395,000

Share by:
  • Living 2076sqft
  • Taxes $12,231
  • Year Built 1957
  • Days on market:

    1 day(s)
  • Adjusted Area:

    2148 sqft
  • Original Price:

    $1,395,000
  • Price per sqft:

    $671.97
  • Tax Legal Description:

    9 54 41 HILAH PARK ADDN PB 24-50 LOT 7 & N1/2 OF LOT 8 BLK 1 LOT SIZE 70.000 X 126
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Window/Wall
  • Floor Description:

    Tile
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,395,000 • living size area 2076 sqft

Property consists of a duplex with (1) 2 br/1 ba (unit 831) (2) 1 br /1 ba (unit 833) (3) efficiency. separate electrical. shared washer and dryer in back. lot size of 8,849 sf with a current zoning of t4-l. future land use master plan changed to “medium density commercial”, corresponding zoning t-5. corresponding zoning under miami 21 would be t5l or t5o, which allows commercial with residential uses. t5 would permit approx. 8.46 dwelling units in a 5-story building. property borders t6-8 on the north (along 8th st). the property being offered is priced as it is now in the master plan (t5). the property benefits from access to 12-inch water main and 8-inch sewer lines fronting home depot. property generates $60,600/annual rents. price of $1,395,000 ($136/sf lot size of 8,849 sf).

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