145 NW 31st St, Miami, FL 33127

$2,400,000 Asking Price

Prime Investment Opportunity in Booming Area! property, nestled in a rapidly developing area, presents an exceptional opportunity for investors seeking to capitalize on growth potential. Strategically positioned to accommodate a building with approximately + - 13 units, the lot spans 7,150 Sq.Ft, offering ample space for lucrative development ventures. Wynwood beckons with its vibrant art scene, serving as a focal point for prestigious events like Art Basel every year. Notably, the property's coveted location appeals to discerning investors, aligning with the area's trajectory of upward growth and demand. Additionally, the adjacent property is also available for sale, enhancing the potential for expanded development opportunities, as per NRD2 recommendations. Don't miss out on this chance

Features & Amenities

Exterior

General:
None

Location

Road/Access:
Paved Road, Public Road
Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
3900, PRICES ADD TO ST JAMES PARK PB 4-47 LOT 19 BLK B LOT SIZE 50.000 X 143 OR 18220-3675 0298 4, 01-31-25-027-0410
Fencing:
Fenced
Current Use:
Multi-Family, Other Usage

Utilities

Utilities:
Electricity Connected, Sewer Connected, Electricity Available, Sewer Available
Water:
Municipal Water
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
FGI Realty, Clara Fernandez

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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