Basics
- Category: CommercialSale
- Type: MixedUse
- Status: Active
- 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.
Show all description
Building Details
- Structure Type: MultiFamily
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $9,399
Miscellaneous
- List Office Name: Dwntwn Realty Advisors LLC
Ask our real estate expert about this property
This MixedUse-type commercial real estate is located in 255, 32nd St, Miami, FL, 33127 was built in 1938, and is listed at $2,490,000.