Basic Information

  • Type Residential
  • Status Closed
  • Subdivision/Complex AVALON SUB
  • Total Sqft 6,950
  • Date Listed 10/05/2021
  • Days on Market 185
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 6,950Sq.Ft
  • Sqft 6,950 Sq.Ft

Property Features

  • Address 2840 SW 32nd Ct
  • Aprox. Lot Size 6,950
  • Furnished Info no
  • Listing Terms Cash, Owner May Carry
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info AVALON SUB
  • Tax Amount $8,088
  • Tax Legal desc AVALON SUB PB 4-140 LOT 6 BLK 2 LOT SIZE 48.600 X 143 COC 24266-2241 02 2006 5
  • Tax Year 2020
  • Terms Considered Cash, Owner May Carry
  • Type of Property Residential

2840 SW 32nd Ct

Miami, FL 33133

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial 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. Listing courtesy of: Beachfront Realty Inc. tel: 305-405-0615

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