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737 NW 31st, Miami FL 33127

Commercial Recently Sold
$1,000,000

BTC: 12.45330012

ETH: 400.00000000

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

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
$1,150,050
$760K – $2.8M
Confidence Low
List vs. estimate
$150K below estimate
List $1,000,000 · -13.0%
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: $5.1M
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