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CommercialSaleMixedUseFLMiami255, 32nd St, Miami, FL, 33127

255 NW 32nd St

255, 32nd St, Miami, FL, 33127
    $2,490,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Lot size: 10000, 10000 sq ft
    • Year built: 1938
    • County: Miami-Dade
    • MLS ID: A11404919

    Description

    • Description:

      WYNDWOOD PARK PB 5-23 LOTS 16 & 17 BLK 15 LOT SIZE 100.000 X 100 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 $1,795 per month and a total gross income of $65,000. 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.

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    Building Details

    • Structure Type: MultiFamily
    • Covered Spaces: 0

    Expenses, Fees & Taxes

    • Tax Annual Amount: $9,399

    Miscellaneous

    • List Office Name: Dwntwn Realty Advisors LLC

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    This -type commercial real estate is located in 255, 32nd St, Miami, FL, 33127 was built in 1938, and is listed at $2,490,000.

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