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448 NE 39th St Miami, FL 33137
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Key Details
Sold Price $2,650,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Magnolia Park 2Nd Amd Pl
MLS Listing ID A11529086
Sold Date 05/21/24
HOA Y/N No
Annual Tax Amount $9,796
Tax Year 2023
Contingent Pending Inspections
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Situated in Miami's Design District, East of US-1, this property presents a unique development opportunity with its T4R Zoning, allowing for the construction of up to 9 units on the land. Currently, it features a 3,143 sq ft Spanish Mission-style home, which could provide rental income while planning the development. The existing structure includes a 2,800 sq ft main house and a detached 400 sq ft unit, nestled within a fenced and gated corner lot. Offering ample parking and access on three sides, the property is ideally located for easy access to Miami Midtown, Wynwood Arts District, and I-195, all without HOA restrictions.
Location
State FL
County Miami-dade County
Community Magnolia Park 2Nd Amd Pl
Area 32
Exterior
Waterfront No
Street Surface Paved
Building
Lot Description < 1/4 Acre
Faces North
Sewer Public Sewer
Water Public
Others
Tax ID 01-32-19-011-0410
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Keller Williams Realty Miami Portfolio Collection