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2840 SW 32nd Ct
Sold
Recommend
Sold
36
Home61's Closings in
Coral Way
Amenities
Key features
Living area
1,416 sqft
Maintenance
$ 0
Tax
$8,497 (2020)
Tenant Occupied
No
Parking Space
4
Floor #
0 / 1
Building
AVALON SUB
On market
878 days
$ /sqft
$ 493
Type
apartment
Unit
-
Year Built
1956
Zip Code
33133
Ref./MLS ID
A11130291
DESCRIPTION
Developers dream! prime land in the heart of shenandoah/silver bluff a few minutes drive to coconut grove on 32nd ct. 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 5% cap rate immediately. Additionally, add dwellings to the lot and convert it into a tripex or fourplex and cap rate is up to 8%. At a bargain price of $697,900 still leaves plenty of margin once development/renovation 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.
Data is provided by Miami Board of Realtors.
Public transportation
Coconut Grove
Green line
Orange line
8 mins
Douglas Road
Green line
9 mins
SW 27 la & SW 32 Av
6
2 mins
SW 32 Av & SW 27 St
6
3 mins
Nearby School In Coral Way
Data Provided by greatschools.org
Neighborhood
Coral Way
- Coral Way
Listed on November 30, 2021 by David Canal from Beachfront Realty Inc, this apartment is for sale. apartment for sale in Coral Way listed at $697,900, Reference A11130291
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.