$665,000
$697,900
4.7%For more information regarding the value of a property, please contact us for a free consultation.
2840 SW 32nd Ct Miami, FL 33133
7,187 Sqft Lot
Key Details
Sold Price $665,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Avalon Sub
MLS Listing ID A11107204
Sold Date 04/08/22
HOA Y/N No
Annual Tax Amount $8,088
Tax Year 2020
Lot Size 7,187 Sqft
Acres 0.165
Property Description
DEVELOPERS DREAM!!! Prime land in the heart of Shenandoah/Silver Bluff a few minutes drive to Coconut Grove on 32nd and US1.
Lot is zoned multi-family, T3O, up to 9 units and sits on just under 7000 sf of land, larger than most lots on the market. Build two twin homes that are selling for $1.2 million each, which already exist on the same block and throughout entire area, or fix existing structure and earn 6% CAP RATE immediately. Additionally, add dwellings to the lot and convert it into a tripex or fourplex. At a bargain price of $697,900 still leaves plenty of margin once development is completed.
This will not last so submit offers asap.
Seller may consider some sort of owners finance under certain circumstances with a minimum of 50% downpayment.
Location
State FL
County Miami-dade County
Community Avalon Sub
Area 41
Direction US1 then proceed north on 32nd Ave then head west on 28th St and proceed south on 32nd Ct.
Building
Faces East
Others
Tax ID 01-41-16-017-0240
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Miami Real Estate Company