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$745,000
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Property Description
Prime Central Miami Duplex with Unmatched Location and Exceptional Investment Potential. Quick reposition to 7.4% Cap. The property has 6 Bedrooms -5.5 Baths and is well maintained with quality long term Tenants. With its central location and multiple appealing features, this duplex presents an exceptional investment opportunity. Miami's robust real estate market offers the potential for long-term appreciation and consistent rental income. Investors will recognize the value of this property and the promising returns it can provide. The property boasts a prime location with effortless access to US1, the Metrorail Station, Coconut Grove, schools, parks, shopping, and entertainment. (It has a non-conforming use with 3 units)
Full Property Details
Full Property Details for 2718 SW 31st Pl
General
- Sold For: $745,000
- Taxes: $9,779 (2022)
- Status: Closed
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11407792
- Added to Site: 1, 017 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Other
Parking
- Total Spaces: 4
Location
- Area: South Bay Estates
- County: Miami-Dade County
- Subdivision: SOUTH BAY ESTATES
- Building Name: SOUTH BAY ESTATES
Community
- Community Name: South Bay Estates
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Old Spanish
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 3
- Building Size: 2950
- Square Feet: 2,950
- Living Area: 2,950 Sq. Ft.
- Year Built: 1947
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Unknown/Withheld
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $252.54
- Tax Amount: $9,779
- Tax Year: 2022
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: SO BAY ESTS PB 5-54 LOT 12 BLK 13 LOT SIZE 50.000 X 110 OR 18444-3236 1097 4 COC 23049-1570 25139-2019 0205 4
- Property ID: 01-41-16-023-1150
Listed and Sold by Cervera Real Estate Inc.
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Schools
Schools serving 2718 SW 31st Pl
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frances S. Tucker Elementary School 3500 Douglas Road, Miami, FL 33133 | PK-5 | 1.2 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 2.4 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2718 SW 31st Pl
Date
Details
Price
Change
Source
7/26/2023
Sold
$745,000
-4.49%
MLS
6/22/2023
Listed
$780,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2718 SW 31st Pl, Miami, FL 33133 (MLS# A11407792) is a Triplex property that was sold at $745,000 on July 26, 2023. Want to learn more about 2718 SW 31st Pl? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

