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Duplex with (1) 1 BR/1 BA (Unit R) (2) Studio /1 BA (UNIT F) (3) Efficiency. Separate electrical for Unit F and Unit R. Shared Washer and Dryer in back. Lot size of 5,685 SF with a current zoning of T4-L. Future land use Master Plan changed to “Medium Density Commercial”, corresponding zoning T-5. The 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. The 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 also benefits from access to 12-inch water main and 8-inch sewer lines fronting Home Depot. Property generates $46,800/annual rents. Price of $895,000 ($158/SF lot size of 5,670 SF).
Listed by Octavio Robles, Octavio Robles,RE Broker

Property Details of 821 Sw 31st Court

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on March 2, 2024

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