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$1,850,000

Est. payment - /mo

2,280 SqFt

Price Dropped by $50K

255 NW 32nd St Miami, FL 33127

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,280 sqft

Price per Sqft $811

MLS Listing ID A11718805

HOA Y/N No

Year Built 1938

Annual Tax Amount $14,687

Lot Size 10,000 Sqft

Property Sub-Type Multi Family

Property 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

Location

State FL

County Miami-dade

Area 31

Exterior

Private Pool Yes

Others

Tax ID 01-31-25-019-2940

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11718805

Listed by Dwntwn Realty Advisors LLC

+1(786) 203-8671

sammysellsmiami@gmail.com

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