UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,576 sqft
Price per Sqft $659
Subdivision Wynd Wood Park
MLS Listing ID A11711586
HOA Y/N No
Year Built 1939
Annual Tax Amount $17,639
Tax Year 2023
Property Sub-Type Duplex
Property Description
Zoned T4 with the NRD-2 Overlay, the property allows for the development of up to 13 residential units, making it an ideal opportunity to capitalize on one of Miami's most dynamic and rapidly growing neighborhoods. An added advantage is the ability to develop without on-site parking requirements through contribution to the applicable parking fund, maximizing the site's development potential and design flexibility.
Located near Wynwood, Midtown Miami, the Design District, Downtown Miami,and major transportation corridors, this property combines current income with long-term development value.
Property Highlights: Approved Short Sale, Fully remodeled duplex, Fully rented with immediate income, T4 Zoning with NRD-2 Overlay, Development potential for up to 13 residential units, No on-site parking requirement with contribution to applicable parking fund, Prime Wynwood location, Minutes from Midtown, Design District, Downtown Miami, and I-95,Excellent opportunity for investors and developers.
Buyer to independently verify zoning, density, development rights, and parking requirements.
Location
State FL
County Miami-dade
Community Wynd Wood Park
Area 31
Interior
Heating Central
Cooling Central Air, Electric
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block
Others
Tax ID 01-31-25-019-0690
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Short Sale
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11711586
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