Mansions Collection - Luxury Homes Real Estate Collection

821 31st Ct
Miami, FL 33135

Priced at: $895,000
MLS: A11606113
Bedrooms:
0
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
1,320 Sq Ft
Year Built:
1925
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.

Fees

Tax Year:
2023
Tax Amount:
$6,548

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MLS: A11606113
821 31st Ct, Miami, FL 33135
Price: $895,000
Listing courtesy of Octavio Robles, RE Broker

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

William PD Pierce Luxury Realestate
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