2840 32nd Ct ,Attached, Duplex, Avalon Sub for Sale

2840 32nd Ct for Sale

Price $697,900.00

  • Lot size 1500
  • Year Build 1956
  • Waterfront
  • Zip 33133
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active
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Description

DEVELOPERS DREAM!!! Prime land in the heart of Shenandoah/Silver Bluff a few minutes drive to Coconut Grove on 32nd Ct. and US1. Lot is zoned multi-family, T3O, up to 9 units and sits on just under 7000 sf of land, larger than most lots on the market. Build two twin homes that are selling for $1.2 million each, which already exist on the same block and throughout entire area, or fix existing structure and earn 5% CAP RATE immediately. Additionally, add dwellings to the lot and convert it into a tripex or fourplex and CAP RATE is up to 8%. At a bargain price of $697,900 still leaves plenty of margin once development/renovation is completed. This will not last so submit offers asap. Seller may consider some sort of owners finance under certain circumstances with a minimum of 50% downpayment.

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AVALON SUB PB 4-140 LOT 6 BLK 2 LOT SIZE 48.600 X 143 COC 24266-2241 02 2006 5

Less Than 1/4 Acre Lot

DEVELOPERS DREAM!!! Prime land in the heart of Shenandoah/Silver Bluff a few minutes drive to Coconut Grove on 32nd Ct. and US1. Lot is zoned multi-family, T3O, up to 9 units and sits on just under 7000 sf of land, larger than most lots on the market. Build two twin homes that are selling for $1.2 million each, which already exist on the same block and throughout entire area, or fix existing structure and earn 5% CAP RATE immediately. Additionally, add dwellings to the lot and convert it into a tripex or fourplex and CAP RATE is up to 8%. At a bargain price of $697,900 still leaves plenty of margin once development/renovation is completed. This will not last so submit offers asap. Seller may consider some sort of owners finance under certain circumstances with a minimum of 50% downpayment.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2020,Cooling Y N:1,Heating Y N:1,List Price:697900,Listing Id:A11130291,Mls Status:Active,Year Built:1956,Directions:US1 then proceed north on 32nd Ave then head west on 28th St and proceed south on 32nd Ct.,Living Area:1416,Postal Code:33133,Street Name:32nd Ct,Coordinates:1:25.738157,Photos Count:5,Building Name:AVALON SUB,Days On Market:1,Listing Terms:1:Cash,2:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Avalon Sub,On Market Date:2021-11-29,Parcel Number:01-41-16-017-0240,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:2840,M I A M I R E_ Style:Duplex,Public Remarks:DEVELOPERS DREAM!!! Prime land in the heart of Shenandoah/Silver Bluff a few minutes drive to Coconut Grove on 32nd Ct. and US1. Lot is zoned multi-family, T3O, up to 9 units and sits on just under 7000 sf of land, larger than most lots on the market. Build two twin homes that are selling for $1.2 million each, which already exist on the same block and throughout entire area, or fix existing structure and earn 5% CAP RATE immediately. Additionally, add dwellings to the lot and convert it into a tripex or fourplex and CAP RATE is up to 8%. At a bargain price of $697,900 still leaves plenty of margin once development/renovation is completed. This will not last so submit offers asap. Seller may consider some sort of owners finance under certain circumstances with a minimum of 50% downpayment.,County Or Parish:Miami-Dade County,Expiration Date:2022-07-31,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3434,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:AVALON SUB,Tax Annual Amount:8497,Unparsed Address:2840 SW 32nd Ct, Miami FL 33133,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:1500,Building Area Units:Square Feet,Lot Size Square Feet:1500,M I A M I R E_ L P Amt Sq Ft:492.8672,Original List Price:697900,Public Survey Range:41,Documents Available:1:Existing Survey,I D X Participation Y N:1,Syndication Remarks:DEVELOPERS DREAM!!! Prime land in the heart of Shenandoah/Silver Bluff a few minutes drive to Coconut Grove on 32nd Ct. and US1. Lot is zoned multi-family, T3O, up to 9 units and sits on just under 7000 sf of land, larger than most lots on the market. Build two twin homes that are selling for $1.2 million each, which already exist on the same block and throughout entire area, or fix existing structure and earn 5% CAP RATE immediately. Additionally, add dwellings to the lot and convert it into a tripex or fourplex and CAP RATE is up to 8%. At a bargain price of $697,900 still leaves plenty of margin once development/renovation is completed. This will not last so submit offers asap. Seller may consider some sort of owners finance under certain circumstances with a minimum of 50% downpayment.,Listing Contract Date:2021-11-29,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:Appointment Only,Showing Assist,Street Number Numeric:2840,Tax Legal Description:AVALON SUB PB 4-140 LOT 6 BLK 2 LOT SIZE 48.600 X 143 COC 24266-2241 02 2006 5,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:1458,Contract Status Change Date:2021-11-29,Internet Address Display Y N:1,Number Of Units In Community:2,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:492.87,

  • Price $697,900.00
  • Price Change: 2021-11-30
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1956
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Terrazzo
  • Property Type Residential Income
  • Status Active
  • Listed 2021-11-30
  • Days on Market 56
  • Furnished
  • City Miami
  • Zip 33133
  • State Florida
  • Subdivision Avalon Sub
  • Development Name Avalon Sub
  • HOA Fees
  • Taxes 8497
  • Taxes Year 2020