599 33rd St ,Other, Quadruplex, Devonshire Park Sub for Sale

599 33rd St for Sale

Price $1,400,000.00

• Lot size 2241
• Year Build 1962
• Waterfront
• Zip 33127
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Income producing opportunity in the heart of Miami's vibrant Wynwood Norte neighborhood. Prime location with I-95 frontage and NRD-2 Zoning allows for up 22 Units on 5 Floors with the potential for additional stories via bonus. Situated on a sizable corner lot of 6,540 square feet, the property currently features four income-producing units, including a 2-bed/1-bath unit and three 1-bed/1-bath units. With leased tenants and termination clauses in place, immediate rental income is already secured. Strategically positioned in close proximity to upscale retail, renowned restaurants, trendy bars, art galleries, and upcoming boutique projects, this property is perfect for those looking to enter the thriving Wynwood market.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

25 53 41 DEVONSHIRE PARK SUB PB 5-21 LOT 5 BLK 6 LOT SIZE 60.000 X 109 OR 15797-2277 0193 1

Less Than 1/4 Acre Lot

Income producing opportunity in the heart of Miami's vibrant Wynwood Norte neighborhood. Prime location with I-95 frontage and NRD-2 Zoning allows for up 22 Units on 5 Floors with the potential for additional stories via bonus. Situated on a sizable corner lot of 6,540 square feet, the property currently features four income-producing units, including a 2-bed/1-bath unit and three 1-bed/1-bath units. With leased tenants and termination clauses in place, immediate rental income is already secured. Strategically positioned in close proximity to upscale retail, renowned restaurants, trendy bars, art galleries, and upcoming boutique projects, this property is perfect for those looking to enter the thriving Wynwood market.

City:Miami,Zoning:6101,Cooling:1:Zoned,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.8075339,Cooling Y N:1,Heating Y N:1,List Price:1400000,Listing Id:A11497188,Longitude:-80.2051649,Mls Status:Active,Year Built:1962,Living Area:2241,Postal Code:33127,Street Name:33rd St,Coordinates:1:25.8075339,Photos Count:13,Building Name:DEVONSHIRE PARK SUB,Days On Market:146,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Devonshire Park Sub,On Market Date:2023-12-07,Parcel Number:01-31-25-020-0540,Parking Total:2,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:599,M I A M I R E_ Style:Fourplex,Public Remarks:Income producing opportunity in the heart of Miami's vibrant Wynwood Norte neighborhood. Prime location with I-95 frontage and NRD-2 Zoning allows for up 22 Units on 5 Floors with the potential for additional stories via bonus. Situated on a sizable corner lot of 6,540 square feet, the property currently features four income-producing units, including a 2-bed/1-bath unit and three 1-bed/1-bath units. With leased tenants and termination clauses in place, immediate rental income is already secured. Strategically positioned in close proximity to upscale retail, renowned restaurants, trendy bars, art galleries, and upcoming boutique projects, this property is perfect for those looking to enter the thriving Wynwood market.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Related ISG Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3483,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:DEVONSHIRE PARK SUB,Tax Annual Amount:14156,Total Actual Rent:80400,Unparsed Address:599 NW 33rd St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Operating Expense:25200,Year Built Details:Resale,Building Area Total:2241,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:624.7211,Original List Price:1699000,Previous List Price:1495000,Public Survey Range:31,I D X Participation Y N:1,Net Operating Income:55200,Syndication Remarks:Income producing opportunity in the heart of Miami's vibrant Wynwood Norte neighborhood. Prime location with I-95 frontage and NRD-2 Zoning allows for up 22 Units on 5 Floors with the potential for additional stories via bonus. Situated on a sizable corner lot of 6,540 square feet, the property currently features four income-producing units, including a 2-bed/1-bath unit and three 1-bed/1-bath units. With leased tenants and termination clauses in place, immediate rental income is already secured. Strategically positioned in close proximity to upscale retail, renowned restaurants, trendy bars, art galleries, and upcoming boutique projects, this property is perfect for those looking to enter the thriving Wynwood market.,Listing Contract Date:2023-12-07,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Call Listing Agent,Street Number Numeric:599,Tax Legal Description:25 53 41 DEVONSHIRE PARK SUB PB 5-21 LOT 5 BLK 6 LOT SIZE 60.000 X 109 OR 15797-2277 0193 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:2047,M I A M I R E_ Internet Remarks:Income Producing Development Opportunity to Build 22 units in Wynwood Norte,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-12-07,Internet Address Display Y N:1,Number Of Units In Community:4,Dual Variable Compensation Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:624.72,