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737 NW 31st, Miami FL 33127

Commercial Recently Sold
$1,000,000

BTC: 15.62500000

ETH: 572.73768614

Sold on: 2021-08-27
New
0 room(s)

Overview

GREAT FOR INVESTORS! This apartment building sits in the northern section and near Wynwood. A very hot area in Miami. The building is comprised of 10-units. This property is an excellent opportunity for an investor looking to enjoy a stabilized income or create greater value through some unit renovations and increasing rents opportunity. The property has some new windows and is freshly painted. The community offers rental, new high-rise condos, and luxury apartments as well as longstanding houses and charming Income townhomes, convenient shops, restaurants, medical centers, and the Miami Dade College Medical Campus. Expenses provided upon request. Call me today! Easy to show!

Location

Florida • Miami • 33127 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
On Street
Year Built:
1937
Lot:
6500 Square Feet
Heating:
Other
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,407,500
$940K – $2.8M
Confidence Low
List vs. estimate
$407K below estimate
List $1,000,000 · -29.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $6.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,266
All facts and features

  • Flooring

    • Other

    • Wood

    Heating

    • Other

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • On Street

    Lot

    • Lot: 6500 Square Feet

    Other Property Information

    • Parcel Number: 01-31-26-008-0480

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $11,266

  • Source details

    • MLS ID: A11091713

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
271
median $1.2M
Active
Same city
Miami
12,162
median $650K
Active
Same type
Commercial
1,157
median $1.3M
Active
Similar price
$700K – $1.3M
2,609
median $899K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Florida Realty of Miami Corp