Miami, FL 33127,2721 NW 1st Ave

$1,575,000

Est. payment /mo

$1,750,000

10.0%
Est.Price: ?

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2721 NW 1st Ave Miami, FL 33127

1,088 SqFt

SOLD DATE : 10/30/2017

Key Details

Sold Price $1,575,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,088 sqft

Price per Sqft $1,447

Subdivision Donmoore Villa Amd

MLS Listing ID A10298519

Year Built 1938

Tax Year 2016

Property Sub-Type Duplex

Property Description

Opportunity to acquire a prime corner site in the heart of Wynwood. This site currently has a 1,088 SF duplex that has been recently renovated and is leased to a short-term tenant. Investors generate income and then redevelop the property to its highest and best use, in the future. Zoned T5-O which allows developments up to 8 stories. Also, the NRD zoning allows for parking to be provided on-site or offsite through a centralized parking system in order to consolidate parking, encouraging walking, and reducing the burden on property owners of mandated parking requirements onsite.

Location

State FL

County Miami-dade

Community Donmoore Villa Amd

Area 31

Interior

Heating Electric

Cooling Electric

Flooring Other

Exterior

Exterior Feature Patio

Pool None

Utilities Available Cable Available

Roof Type Other

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Structure Type Other

Others

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Metro 1 Properties, Inc.
Bought with Metro 1 Properties, Inc.
agent

Amit Bhuta

Agent | COMP3088610

+1(305) 439-3031

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