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Magnolia Park, 448 NE 39th St
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OFF MARKET
$2,650,000
0.21
AcreStatus
OFF MARKETExpired
Size
0.21 Acres (852 m2)
Price
$12,619,048/Acre ($3,111/m2)
Type
Land
MLS Number
A11529086
On Site
949 Days
Updated
845 Days ago
Page Views
0
Situated in Miami's Design District, East of US-1, this property presents a unique development opportunity with its T4R Zoning, allowing for the construction of up to 9 units on the land. Currently, it features a 3,143 sq ft Spanish Mission-style home, which could provide rental income while planning the development. The existing structure includes a 2,800 sq ft main house and a detached 400 sq ft unit, nestled within a fenced and gated corner lot. Offering ample parking and access on three sides, the property is ideally located for easy access to Miami Midtown, Wynwood Arts District, and I-195, all without HOA restrictions.
Features
All features
- Property SqFt: 9170
- Remarks: Situated in Miami's Design District, East of US-1, this property presents a unique development opportunity with its T4R Zoning, allowing for the construction of up to 9 units on the land. Currently, it features a 3, 143 sq ft Spanish Mission-style home, which could provide rental income while planning the development. The existing structure includes a 2, 800 sq ft main house and a detached 400 sq ft unit, nestled within a fenced and gated corner lot. Offering ample parking and access on three sides, the property is ideally located for easy access to Miami Midtown, Wynwood Arts District, and I-195, all without HOA restrictions.
- Internet Remarks: Situated in Miami's Design District, East of US-1, this property presents a unique development opportunity with its T4R Zoning, allowing for the construction of up to 9 units on the land. Currently, it features a 3, 143 sq ft Spanish Mission-style home, which could provide rental income while planning the development. The existing structure includes a 2, 800 sq ft main house and a detached 400 sq ft unit, nestled within a fenced and gated corner lot. Offering ample parking and access on three sides, the property is ideally located for easy access to Miami Midtown, Wynwood Arts District, and I-195, all without HOA restrictions.
- Waterfront: No info
- Directions: North
- Days on Market: 126
- Closing Date: 2024-05-21
- Compass Point: NE
- Office Name: Keller Williams Realty Miami Portfolio Collection
- Area: 9170
- Taxes: 9796
- Tax Year: 2023
- Listing Date: 2024-02-09T09:13:40.000-00:00
- Lot Size Square Feet: 9170
Apples-to-Apples Comparables
Price History
Current
$2.7M
High
$2.7M
Low
$2.7M
Total Change
0%Date
Event
Price
Change
Price Per
05/21/2024
Price Reduced
$2.7M
0%$289 ft2
$3,111 m2
02/07/2024
Listed
$2.7M
$289 ft2
$3,111 m2
05/21/2024
$2.7M
Event
Price Reduced
Change
0%Price Per
$289 ft2
$3,111 m2
02/07/2024
$2.7M
Event
Listed
Price Per
$289 ft2
$3,111 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Linda Maria Erice • Keller Williams Realty Miami Portfolio Collection • Buyer Agency Compensation .
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Scores
92
100
50
100
73
100
67
100
0
100
44
100
1
100
Community Snapshot
2 – 2 BR
Bedrooms
$1.2M – $1.2M
Price Tier
1,792 - 3,143
SqFt Range
1932
Year Build
2
Total Floors
Subdivision Amenities
Pool
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