255 NW 32nd St, Miami FL 33127

255 32nd St, Miami, FL, 33127
$1,850,000

Basics

Date added Added 5 days ago Category Type Status
Lot size, sq ft 10000 sq ft Year built 1938 ListOfficeName Dwntwn Realty Advisors LLC ListAOR Miami Association of REALTORS®
MLS ID A11718805

Description

  • 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

  • CountyOrParish: Miami-Dade County

Building Details

  • NewConstructionYN: No

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: No
  • PoolPrivateYN: No
  • FireplaceYN: No

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This style property is located in Miami is currently and has been listed on Igor Presman Commercial Real Estate. This property is listed at $1,850,000. It has bedrooms, bathrooms, and is . The property was built in 1938 year.

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