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Multifamily in Miami, FL 33127
Northern Boulevard, 407 NW 33rd St

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OFF MARKET
$1,250,000
Estimate Payment $6,572Closing Costs
Beds
1,507
SqFt
$829
$/SqFt
High-End MultifamilyProperty Type
1936Year Built
$829/SqFtPrice per sq ft
This property sits in the new Wynwood Norte zoning overlay and is zoned T4. You can build up to 16 units and up to 3 stories. This is one of the larger lots with over 7,000 sf. Taking into consideration maximum lot coverage of 60% and 3 stories, there is the potential of sixteen 787 SF 2 bedroom units. Rents in the area continue to rise, helping with the overall profitability of new development projects. Current tenant rents help offset holding costs. Parking may be satisfied through payment in lieu into the applicable Parking Trust Fund. Buyer is responsible for all due diligence and verifying development potential. Do Not Disturb Tenants. Financials are attached.
Listing Courtesy Of: All Realty Management, LLC.
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1598 DaysUpdated: 1468 Days agoPage Views: 0

Features

MLS Number: A11224073
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1936
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-06-17T11:56:29.513-00:00
          Taxes, Fees & More
          • Taxes: 3021

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          10/18/2022
          Listed
          $1.3M
           
          $829 ft2
          $8,928 m2
          10/18/2022
          $1.3M
          Event
          Listed
          Price Per
          $829 ft2
          $8,928 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Victor Abreu • All Realty Management, LLC. • Buyer Agency Compensation .
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          Community Snapshot
          1 – 3 BR
          Bedrooms
          $359K – $1.7M
          Price Tier
          401 - 7,150
          SqFt Range
          1984
          Year Build
          8
          Total Floors

          Subdivision Amenities

          Cabana
          Dog Park
          Pool
          Recreation Facilities
          Sauna

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