407 NW 33rd St

Miami, FL, 33127

$2,500,000

$1,658 per ft²
$2,500,000
$1,658 per ft²
Active
Active
 - For Sale
carpenters-square
1,507 ft²
property_type
Multi-family
calendar
Built 1936
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.
MLS® ID:
A11224073
Listed:
6/7/22
Updated:
7/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Ceramic Floor
Cooling
Central Air
Heating
None

Exterior/Building Features

Lot Size
1,747 ft² lot
Architectural Style
Other
Lot Details
Less Than 1/4 Acre Lot
Roof
Shingle
Sewer
Public Sewer

Other Property Details

Area Name
Northern Blvd Track
Taxes
$3021
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
4.0
View
N
County
Miami-Dade County
Pool
No
Total Stories
1
Zoning
5700

Courtesy of All Realty Management, LLC.

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:17 PM UTC, 7/6/22.

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