OFF MARKET

527 NW 34th St Miami, FL, 33127

3,800,000(-50% )
$1,900,000Price
4Beds
2Baths
1,680SqFt

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Details

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Status:
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Parking: 2
Size: 1,680 ft2 / 156 m2
Price: $1,131 ft2 / $12,174 m2
Built: 1930
MLS Number: A11196915
View: None
On Site: 991 Days
Updated: 909 Days ago
Page Views: 0
Fausto commercial is pleased to present 511 & 527 nw 34th street, miami fl 33127, a land development opportunity in wynwood norte. Featuring a 10,390 sq. Ft. Lot, this property allows for 40 buildable units with no parking requirement as long as the sq. Ft. Floor area is less than 20,000 sq. Ft. This is the new neighborhood rehabilitation district – a zoning overlay district with land use and development standards calibrated to support the needs and priorities of the community, protect the unique character of the neighborhood and implement the wynwood norte community vision plan (r-19-0472). Please refer to wynwood norte (nrd-2) zoning guidelines. T5-o zoning allows short term rental and commercial use. Property has in-place income $10,750 gross per month. Net operating income $100,712
Features
Bedrooms
Bedrooms: 4
Bathrooms
Bathrooms: 2
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Awnings, Barbecue, Fence, Patio
View: None
Price History
07/20/2022

Date

Price Reduced

Event

$1.9M

Price

-50%

Change Rate

$1,131 ft2 / $12,174 m2

Price Per

04/29/2022

Date

Listed

Event

$3.8M

Price

$2,262 ft2 / $24,347 m2

Price Per

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

Listed by Jorge L. RamirezFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis
$500/ft²
$700/ft²
$1,000/ft²
$1,300/ft²

Unit 527 NW 34th St – Asking

$1,131/ft²

(+147%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$458/ft²
Community $/Price Range (Closed) $602/ft² – $648/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 41912/42,403$458SouthNone$1,100,0001/8/2024
Unit: # 4191
Bed/Bath: 2/4Size SqFt: 2,403$/SqFt: $458Exposure: SouthView: NoneSold: $1,100,000Closed Date: 1/8/2024
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