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Counties

Land in Miami, FL 33133
Avalon, 2840 SW 32nd Ct

Overview Features True Comps Price History Payment Location Similar Homes

OFF MARKET

$665,000

Estimate Payment

0.16

Acre

Status

OFF MARKETExpired

Size

0.16 Acres (646 m²)

Price

$4,156,250/Acre ($1,030/m²)

Type

Land

MLS Number

A11107204

On Site

1769 Days

Updated

62 Days ago

Page Views

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 t... Read more

Features

All features

Property SqFt: 6950
Remarks: 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.
Internet Remarks: 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.
Waterfront: No info
Directions: East
Days on Market: 178
Closing Date: 2022-04-08
Compass Point: SW
Office Name: Beachfront Realty Inc
Area: 6950
Taxes: 8088
Tax Year: 2020
Listing Date: 2021-10-05T08:59:33.000-00:00
Lot Size Square Feet: 6950

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Price History

Current

$665K

High

$698K

Low

$665K

Total Change

-4.7%

Date

Event

Price

Change

Price Per

06/09/2026

Price Reduced

$665K

$96 ft²

$1,030 m²

04/07/2022

Price Reduced

$665K

-4.71%

$96 ft²

$1,030 m²

10/05/2021

Listed

$698K

$100 ft²

$1,081 m²

06/09/2026

$665K

Event

Price Reduced

Change

Price Per

$96 ft²

$1,030 m²

04/07/2022

$665K

Event

Price Reduced

Change

-4.71%

Price Per

$96 ft²

$1,030 m²

10/05/2021

$698K

Event

Listed

Price Per

$100 ft²

$1,081 m²

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by David Canal • Beachfront Realty Inc • Buyer Agency Compensation .

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665 - 5,000

SqFt Range

2015

Year Build

Total Floors

Miami
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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