| 831 SW 31st Ct Miami, FL 33135 |
| Listed Date YYYY/MM/DD:2023-09-14 | ID: 1011442775 |
| Price: $1,395,000 | County: Miami-Dade County |
| Approximate Lot Size: 8849 |
| Area: 41 | Square Footage: |
| Property Tax: $12,231.00 |
| Sewer Description: Municipal Sewer | Zoning Information:3901 |
| Folio Number: 01-41-09-021-0040 |
| Number of Units: | Year Built: 1957 |
| Number of Parking Spaces:4 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Effective Year Built | Gross Rent Income: $60600 |
| 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 7 & N1/2 OF LOT 8 BLK 1 LOT SIZE 70.000 X 126 |
| Property consists of a Duplex with (1) 2 BR/1 BA (Unit 831) (2) 1 BR /1 BA (Unit 833) (3) Efficiency. Separate electrical. Shared Washer and Dryer in back. Lot size of 8,849 SF with a current zoning of T4-L. Future land use Master Plan changed to “Medium Density Commercial”, corresponding zoning T-5. 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. 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 benefits from access to 12-inch water main and 8-inch sewer lines fronting Home Depot. Property generates $60,600/annual rents. Price of $1,395,000 ($136/SF lot size of 8,849 SF). |
