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$1,475,000
Est. payment /mo
7,152 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Prices Addn To St James P
MLS Listing ID A11821788
HOA Y/N No
Annual Tax Amount $12,404
Tax Year 2024
Lot Size 7,152 Sqft
Acres 0.1642
Property Sub-Type Residential
Property Description
AS-IS Wynwood Norte infill opportunity: tenant-occupied triplex on approx. 7,150 sq ft lot near Midtown, Design District and Wynwood Walls. T4-R NRD-2 General Urban Transect supports urban redevelopment. Zoning, density, unit count, height, stories, and parking to be independently verified by buyer and buyer's architect. Estimated development potential: approx. 24 units, 3 stories as marketed, and up to 5 stories by right, potentially 6 with bonuses; exact zoning/overlay to be confirmed during due diligence. zoning, density, setbacks, build-to and permitting). In-place income approx. $2,450/month-to-month tenants provide flexibility for repositioning or redevelopment while offering immediate cash flow for buy-and-hold investors. Offered AS-IS/where-is, subject to buyer due diligence. Annual taxes approx. $12,404 (buyer to verify).
Location
State FL
County Miami-dade
Community Prices Addn To St James P
Area 31
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Street Surface Paved
Private Pool Yes
Building
Lot Description < 1/4 Acre
Faces Northwest
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-25-027-0410
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11821788
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Listed by Douglas Elliman
Nearby School & Business
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