Multifamily in Miami, FL 33133
South Bay Estates, 2718 SW 31st Pl

$780K4.5%
$745,000
2,950
SqFt
Status
Sold - Jul 26, 2023
Size
2,950 SqFt (274 m2)
Price
$253/SqFt ($2,718/m2)
Type
Multifamily
Built
1947
MLS Number
A11407792
On Site
1181 Days
Updated
18 Days ago
Page Views
0
Prime Central Miami Duplex with Unmatched Location and Exceptional Investment Potential. Quick reposition to 7.4% Cap. The property has 6 Bedrooms -5.5 Baths and is well maintained with quality long term Tenants. With its central location and multiple appealing features, this duplex presents an exceptional investment opportunity. Miami's robust real estate market offers the potential for long-term appreciation and consistent rental income. Investors will recognize the value of this property and the promising returns it can provide. The property boasts a prime location with effortless access to US1, the Metrorail Station, Coconut Grove, schools, parks, shopping, and entertainment. (It has a non-conforming use with 3 units)

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: Other
        • Year Built: 1947
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-06-22T14:57:59.000-00:00
          Taxes, Fees & More
          • Taxes: 9779

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          Price History

          Current
          $745K
          High
          $780K
          Low
          $745K
          Total Change
          -4.5%
          $784K$763K$741KJun 23Jul 23
          Date
          Event
          Price
          Change
          Price Per
          07/26/2023
          Sold
          $745K
          -4.49%
          $253 ft2
          $2,718 m2
          06/22/2023
          Listed
          $780K
           
          $264 ft2
          $2,846 m2
          07/26/2023
          $745K
          Event
          Sold
          Change
          -4.49%
          Price Per
          $253 ft2
          $2,718 m2
          06/22/2023
          $780K
          Event
          Listed
          Price Per
          $264 ft2
          $2,846 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Claudia Del ToroCervera Real Estate Inc. • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          78

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          60

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          86

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          33

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 2 BR
          Bedrooms
          $675K – $810K
          Price Tier
          794 - 3,546
          SqFt Range
          1960
          Year Build
          2
          Total Floors

          Miami
          Mid-Tier
          Mid-Tier Homes & Condos