Skip To Content

2840 SW 32nd Ct

Miami, FL 33133
  • $697,900
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: A11130291
UPDATED: 62 min ago
$697,900
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,416
    SQFT
  • $493
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-01-26T16:53:15.293.
www.realestatebybelinda.com/homes/123618912
Print Image

2840 SW 32nd Ct Miami, FL 33133

  • Price: $697,900
  • Status: Active
  • On Site: 56 Days
  • Updated: 62 min ago
  • MLS #: A11130291
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,416
SQFT
$493
$/SQFT
1956
Built
Neighborhood:
Avalon Sub
County:
Miami-Dade
Area:
Avalon Sub
Property 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.
Exterior Features

Architectural Style Attached Construction Materials Concrete Block Construction Lot Features Less Than 1/4 Acre Lot Parking Total 4 Pool Private YN No Roof Flat Roof With Facade Front View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 1458 Building Area Total 1500 Cooling Wall/Window Unit(S) Flooring Terrazzo Heating Window/Wall Stories Total 1

Property Features

Association YN No Building Name Avalon Sub Cooling YN Yes Documents Available Investment AnalysisExisting Survey Heating YN Yes Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms All CashCashOwner Will Carry New Construction YN No Property Sub Type Duplex Public Survey Section 16 Rent Includes None Senior Community YN No Sewer Public Sewer Structure Type Duplex Tax Annual Amount 8497 Tax Year 2020 Year Built Details Effective Year Built Zoning 5700

Listing courtesy of Beachfront Realty Inc.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-01-26T16:53:15.293.
 
https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11130291-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11130291-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11130291-2.jpg
Logo
Real Estate by Belinda | Sime Realty
2140 S. Dixie Highway Suite 301
Miami FL, 33133