255 NW 32nd St,Miami, FL 33127
Miami, FL 33127
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 $1,995 per month and a total gross income of $71,820. 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. Seller Financing is available at very favorable times
Details
| MLS # | A11718805 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1938 |
| Days On Site | 190 |
| Listing Provided By | Dwntwn Realty Advisors LLC | Rayza Perez |
Features
| SQ Feet | 2,280 |
|---|---|
| Zoning | 3900 |
| Acreage | 10000.00 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 31 |
| Listing VS Median (in 33127) | |
Price: $1,900,000 low | high Med: $485,000 SqFt: 2,280 low | high Med: 1,204 $ / SqFt: $833 low | high Med: $403 On site: 190 low | high Med: 57.500000 | |
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