$1,300,000
$1,300,000
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27 NW 39th St Miami, FL 33127
4,791 Sqft Lot
Key Details
Sold Price $1,300,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Princess Park
MLS Listing ID A11161530
Sold Date 09/12/22
HOA Y/N No
Annual Tax Amount $10,043
Tax Year 2021
Contingent No Contingencies
Lot Size 4,791 Sqft
Acres 0.11
Property Description
27 NW 39th St rests on the corner of the Design District & offers a developer a chance to build a
strategically located infill development at a discount of Design District prices. Allowable uses are restaurant, office, and/or four-plex development. Located directly adjacent to Harry's Pizzeria, 27 NW 39th St shares a property line with the Design District's majority owner, Dacra Development - making it a strong bet for future appreciation.
The building is located adjacent to the Design District's Special Area Plan Zoning Overlay which allows
for increased lot coverage ratio among other advantages over Miami 21 zoning. Owner could potentially
apply to be added to the overlay. There is also $1200/month of short-term income in place to help cover
costs.
Location
State FL
County Miami-dade County
Community Princess Park
Area 31
Exterior
Utilities Available None, Sewer Not Available
Present Use Other
Building
Lot Description <1 Acre
Sewer None
Water Other
Others
Tax ID 01-31-24-021-0560
Financing Other,See Remarks
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Bought with APEX Capital Realty LLC