USD 2,995,000

820 SW 31st Ave
Miami, Florida 33135

For Sale

Property Description

This is an assemblage of five contiguous properties in a prime location in SW
Miami just off the corner of SW 8th St. and 31st Ave. on approx. 33,640 Sq.Ft. of
land directly across from the Home Depot parking lot. The assemblage is
presently improved by rental buildings with income of $17,850 per month.
There is a total of 15 rental units. They are rented unfurnished, on a yearly lease
basis. The vacancy rate is virtually zero. The zoning is multi-family T 4 R but is
designated as Medium Density Restricted Commercial in the Master Plan, which
provides for T 5 L or O zoning allowing 62 units per acre or 48 dwelling units
combined with commercial space without workforce housing bonuses which
would allow a much greater density under the Miami21 code. It borders T-6-8
zoning.

Listed by Octavio Robles, RE Broker

Property Details

ID #
A10803107
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33135
Building Area
1,900ft2
Lot Area
33,541ft2
Year Built
1946
Building Feature
Smoke alarms
Ground Feature
Fenced
Roof Material
Wood shingle roof
Ceiling
Plastered
Construction
CBS Construction
Floor
Concrete Floors, Tile Floors
Location
City Location
Occupancy
Call Listing Agent
Parking
Assigned Parking, Free Parking, Other Parking
Road Type
Two Lane
Roof
Built-Up Roof
Type of Building
Apartments
Zoning Information
3901

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