$1228.07 Per Sq Foot $15,031 est/mo Sourced by Back At You

255 NW 32nd St,Miami, FL 33127

Miami FL, 33127

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Description

The subject property consists of two separate structures sitting on a 10,000 SF lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 SF each. The property is currently 100% occupied with rents at $1,795 per month and a total gross income of $65,000. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the Wynwood Norte NRD-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/U per acre, allowing for approximately 33 units.

Details

MLS#A11404919
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1938
Days On Site402
Listing Provided ByDwntwn Realty Advisors LLC | Rayza Perez
Buying Commision3%

Features

SQ Feet2,280
Zoning3900
Acreage10000.00
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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Listings Checked: 8 minutes ago
StateFL
CountyMiami Dade County
CityMiami
Zip Code33127
Area31
Listing VS Median (in 33127)
Price:
$2,800,000
low | high
Med:
$454,500
100% of Average
SqFt:
2,280
low | high
Med:
1,163
99.013157894737% of Average
$ / SqFt:
$1,228
low | high
Med:
$395
100% of Average
On Site:
402
low | high
Med:
13.000000
100% of Average
Sourced by Back At You
Listing Updated: July 18, 2024 at 9:16:03 AM PDT