831 31st Ct ,Detached, Duplex, Hilah Park Addn for Sale

831 31st Ct for Sale

Price $1,395,000.00

• Lot size 2252
• Year Build 1957
• Waterfront
• Zip 33135
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113. 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 of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF. (both $2,290,000). 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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11442775 The subject is 100 feet from 8th Street. 6-Blocks from the Coral Gables Douglas entrance. Property fronts a mobile home park which sold in Nov-2021 for $50M and backs big box retailer The Home Depot. The property generates $60,600 in annual rents. Asking price of $1,395,000 ($136/SF based on lot size of 8,849 SF). Property sold alongside 821 SW 31st Ct.

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

Less Than 1/4 Acre Lot

THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113. 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 of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF. (both $2,290,000). 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.

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.7644061,Cooling Y N:1,Heating Y N:1,List Price:1395000,Listing Id:A11606119,Longitude:-80.2454836,Mls Status:Active,Year Built:1957,Living Area:2076,Postal Code:33135,Street Name:31st Ct,Coordinates:1:25.7644061,Photos Count:17,Building Name:HILAH PARK ADDN,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Hilah Park Addn,On Market Date:2024-06-13,Parcel Number:01-41-09-021-0040,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:831,M I A M I R E_ Style:Duplex,Public Remarks:THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113. 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 of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF. (both $2,290,000). 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.,County Or Parish:Miami-Dade County,List Office Name:Octavio Robles, RE Broker,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4526,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:HILAH PARK ADDN,821/831 Assemblage,Tax Annual Amount:12231,Total Actual Rent:64800,Unparsed Address:831 SW 31st Ct, Miami FL 33135,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:2252,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:671.9653,Original List Price:1395000,Public Survey Range:41,Documents Available:1:Deposit - Security,2:Copy Of Lease(S),3:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:2,Syndication Remarks:THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113. 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 of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF. (both $2,290,000). 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.,Listing Contract Date:2024-06-13,Originating System I D:miamire,Public Survey Section:9,Showing Instructions:Call Listing Agent,Street Number Numeric:831,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,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0,M I A M I R E_ Adjusted Area S F:2148,M I A M I R E_ Internet Remarks:821 SW 31 Ct Miami, 33135; $895,000 ALONG WITH: Adjoining: 831-33 SW 31Ct. $1,395,000 THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED.,Contract Status Change Date:2024-06-13,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Transaction Broker Compensation:0,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 0, The offer of compensation is made only to participants of the MLS where the listing is filed.,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:671.97,