| 821 SW 31st Ct Miami, FL 33135 |
| Listed Date YYYY/MM/DD:2023-09-14 | ID: 1011442765 |
| Price: $895,000 | County: Miami-Dade County |
| Approximate Lot Size: 5670 |
| Area: 41 | Square Footage: |
| Property Tax: $6,548.00 |
| Sewer Description: Municipal Sewer | Zoning Information:3901 |
| Folio Number: 01-41-09-021-0030 |
| Number of Units: | Year Built: 1925 |
| Number of Parking Spaces:4 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Effective Year Built | Gross Rent Income: $46800 |
| Net Operating Income: $ | Number of Stories: 1.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects City & County Tax |
| Legal Description: 9 54 41 HILAH PARK ADDN PB 24-50 LOT 6 BLK 1 & S1/2 OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT SIZE 5670 SQ FT M/L |
| Duplex with (1) 1 BR/1 BA (Unit R) (2) Studio /1 BA (UNIT F) (3) Efficiency. Separate electrical for Unit F and Unit R. Shared Washer and Dryer in back. Lot size of 5,685 SF with a current zoning of T4-L. Future land use Master Plan changed to “Medium Density Commercial”, corresponding zoning T-5. The corresponding zoning under Miami 21 would be T5L or T5O, which allows commercial with residential uses. T5 would permit approx. 8.46 dwelling units in a 5-story building. The property borders T6-8 on the north (along 8th St.). The property being offered is priced as it is now in the Master Plan (T5). The property also benefits from access to 12-inch water main and 8-inch sewer lines fronting Home Depot. Property generates $46,800/annual rents. Price of $895,000 ($158/SF lot size of 5,670 SF). |