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950,000(-5.26% )
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Status:
Active
Size: 0.06 Acres (250 m2)
Price: $15,000,000/Acre ($3,604/m2)
Type: Land
MLS Number: A11773549
On Site: 371 Days
Updated: 19 Days ago
Page Views: 0
Assemblage Opportunity! This Property Can Be Bought Along With 287 Nw 31st St (mls#: A11732843). Price Is Flexible. This Prime Investment T-4r Property With Nrd-2 Zoning Overlay Give This Land The Ability To Build At A Density Of 150 Units Per Acre, This Means You Can Build Up To 34 Units As Of Right At $75,000 Per Buildable Unit. Strategically Located Just Blocks Away From Wynwood, Midtown, And The Design District, And Flanked By I-95 And I-195, This Is An Ideal Investment Due To Strong Rental And Housing Demand Driven By Its Proximity To Jobs And Major Entertainment Areas. Rent The Property While You Get Approved To Build. The Models Being Done By Local Developers Are Condo Conversions, Workforce Housing, Or Traditional Apartment Rental, See Remarks For Other Projects In The Area.
Features
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- Property SqFt: 2688
- Remarks: ASSEMBLAGE OPPORTUNITY! This property can be bought along with 287 nw 31st St (MLS#: A11732843). PRICE IS FLEXIBLE. This prime investment T-4R property with NRD-2 Zoning Overlay give this land the ability to build at a density of 150 units per acre, this means you can build up to 34 units as of right at $75, 000 per buildable unit. Strategically located just blocks away from Wynwood, Midtown, and the Design District, and flanked by I-95 and I-195, this is an ideal investment due to strong rental and housing demand driven by its proximity to jobs and major entertainment areas. Rent the property while you get approved to build. The models being done by local developers are condo conversions, workforce housing, or traditional apartment rental, see remarks for other projects in the area.
- Internet Remarks: ASSEMBLAGE OPPORTUNITY! This property can be bought along with 287 nw 31st St (MLS#: A11732843). PRICE IS FLEXIBLE. This prime investment T-4R property with NRD-2 Zoning Overlay give this land the ability to build at a density of 150 units per acre, this means you can build up to 34 units as of right at $75, 000 per buildable unit. Strategically located just blocks away from Wynwood, Midtown, and the Design District, and flanked by I-95 and I-195, this is an ideal investment due to strong rental and housing demand driven by its proximity to jobs and major entertainment areas. Rent the property while you get approved to build. The models being done by local developers are condo conversions, workforce housing, or traditional apartment rental, see remarks for other projects in the area.
- Waterfront: No info
- Directions: West
- Days on Market: 352
- Compass Point: NW
- Office Name: Fausto Commercial Realty Consultants Inc
- Area: 2688
- Taxes: 380
- Tax Year: 2024
- Listing Date: 2025-03-31T11:54:26.000-00:00
- Lot Size Square Feet: 2688
Apples-to-Apples Comparables
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Price History
12/02/2025
Date
Price Reduced
Event
$900K
Price
-5.26%
Change Rate
$335 ft2 / $3,604 m2
Price Per
03/30/2025
Date
Listed
Event
$950K
Price
$353 ft2 / $3,804 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Vicente Rodriguez • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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