221 NW 33rd St, Miami, FL 33127 — MLS photo

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221 NW 33rd St, Miami, FL 33127

Active · SingleFamilyResidence

$1,090,000

221 NW 33rd St, Miami, FL 33127

Beds
3
Baths
1
Living area
1,479 sq ft
$ / sq ft
$737/sq ft
Year built
1937
Lot size
5,000 sq ft
HOA fee
—
Annual tax
$7,308

About this property

Great investment opportunity in Wynwood Norte. T4R zoning allows the property to build up to 4 floors with 17 units. Through the Neighborhood Revitalization District 2 zoning, it has up to 70 ratio of land coverage with a 0 (zero) parking requirement. This property is located in the heart of an area that is quickly evolving - The Wynnwood District! Steps away from Midtown and Design District. Close to highway and short drive away from MIA.

Property location

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221 NW 33rd St, Miami, FL 33127

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Facts & features

Interior

Bedrooms
3
Bathrooms
1
Living area
1,479 sq ft
Flooring
Tile
Appliances
Refrigerator
Cooling
Central Air
Heating
Other
Interior features
Bedroom On Main Level, First Floor Entry, Other

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1937
Lot size
5,000 sq ft
Architectural style
Other
Roof
Shingle
Construction
Frame, Stucco
Exterior features
Porch
Pool
None
View
Garden, Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Annual tax
$7,308
Subdivision
WYND WOOD PARK
County
Miami-Dade
Days on market
2
MLS listing ID
A11919118
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

-$1,318

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.2%
Gross yield
6.2%
Mortgage payment
$5,167/mo
Down payment
$272,500
Loan amount
$817,500
Annual NOI
$46,190

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.