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

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227 NW 33rd St, Miami, FL 33127

Active · SingleFamilyResidence

$1,275,000

227 NW 33rd St, Miami, FL 33127

Beds
2
Baths
1
Living area
672 sq ft
$ / sq ft
$1,897/sq ft
Year built
1925
Lot size
5,000 sq ft
HOA fee
—
Annual tax
$14,860

About this property

Prime Development Opportunity in Wynwood Norte. T4R zoning permits up to 4 stories, 17 residential units, and 70% lot coverage. Property qualifies for zero parking requirement under NRD-2. Located steps from Midtown Miami, the Design District, and the Wynwood Arts District. Rear alley is designated by the City for a future bike-path park. Highly walkable location near galleries, shops, dining, and major highways. Currently rented on a month-to-month basis, providing a covered land opportunity while plans are prepared. Please do not disturb tenants. Contact listing agent for additional details and showing instructions.

Property location

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227 NW 33rd St, Miami, FL 33127

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
672 sq ft
Flooring
Other
Appliances
Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Attic

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1925
Lot size
5,000 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
Block
Exterior features
Awnings, Fence
Pool
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Security
Smoke Detectors
Annual tax
$14,860
Subdivision
WYND WOOD PARK
County
Miami-Dade
Days on market
237
MLS listing ID
A11973446
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

-$3,782

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.7%
Gross yield
4.4%
Mortgage payment
$6,044/mo
Down payment
$318,750
Loan amount
$956,250
Annual NOI
$27,148

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