Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Living area
- 1,451 sq ft
Active · SingleFamilyResidence
$1,100,000
161 NW 35th St, Miami, FL 33127
- Beds
- 3
- Baths
- 4
- Living area
- 1,451 sq ft
- $ / sq ft
- $758/sq ft
- Year built
- 1925
- Lot size
- 5,000 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
T5-L Investors, Developers, Excellent opportunity to develop an urban project of up to 5 stories. The best zoning of Wynwood Norte T5-L. This land is in the best of the streets in this area and walking distance from Midtown Shops, Design District, Brickell, Wynwood Art Walls, Restaurants, Bars. Also just 15 minutes drive to MIA, Miami Beach and with access to the best transportation routes such as the major Expressways I95, I-395. This is a great opportunity to assemble more lots on this block to take full advantage of the T5 zoning which allows up to 150 units per acre. Meanwhile Buyer can rent the Single Family Home 3/2 on this 5,000 sq.ft. lot, house in excellent conditions and renovated. Also property has two efficiencies at backside of the house with private entrance (both rented).
Property location
Get Directions161 NW 35th St, Miami, FL 33127
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1925
- Lot size
- 5,000 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11700597
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,525
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -9.8%
- Gross yield
- 6.1%
- Mortgage payment
- $5,215/mo
- Down payment
- $275,000
- Loan amount
- $825,000
- Annual NOI
- $32,280
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.