5 months on rocket

821 SW 31st Ct, Miami, FL, 33135

$895,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,320 SqFt
$678/SqFt
Multi

Location

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821 SW 31st Ct, Miami$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1925
HeatingWall Furnace
CoolingCeiling Fan(s), Wall/Window Unit(s)
MLS #A11606113
StatusActive

About 821 SW 31st Ct

THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. One of two contiguous sites for sale together. The other is the adjacent property at 831 SW 31 Ct. Miami, FL 33135. MLS # A11606119. The properties are 100 feet from SW 8th St. 6 blocks from the Douglas Entrance in Coral Gables. They are directly across from a trailer park that sold in November, 2021 for $58 million and is a half block from Home Depot. This property generates $48,000 in annual income (together; $112,800). $895,000 price equals $158/SF per lot size of 5,670 SF. (together; $2,290,000), See MLS # 11606119. Both properties are classified as “Medium density commercial” in the Master Plan. This corresponds to a T-5 zoning. Additionally, under the amended Live Local Act, the density can be increased substantially.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,320 SqFt

Listing Office:

  • Office Name: Octavio Robles, RE Broker
  • Office Phone: (305) 822-9032
  • Listing Agent: Octavio Robles

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 821 SW 31st Ct
Virtual Tour

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $678/SqFt

Tax Information:

  • Annual Amount: $5,938
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

821 SW 31st Ct vs Miami

160 DAYS ON ROCKET

+100 Days

$895,000

+$334.5K More

$678/SqFt

+$288 More

KEY TAKEAWAY

This property is $334.5K more than the Median Sold Price and $288/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11606113

Listing Office:

  • Office Name: Octavio Robles, RE Broker
  • Office Phone: (305) 822-9032
  • Listing Agent: Octavio Robles

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,938$243,135
2018$5,854$243,216
2017$5,455$221,636

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-330242
4
/10
  • Auburndale Elementary School

  • 3255 SW 6th St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-330243
9
/10
  • Coral Gables Preparatory Academy

  • 105 Minorca Ave

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-330244
6
/10
  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 1.08 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,943. Typical income of Miami, FL residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaMiami-Dade CountyMiami33135821 SW 31st Ct

This home is located at 821 SW 31st Ct in Miami, FL and zip code 33135 in the Shenandoah neighborhood. This 1,320 square foot home was built in 1925. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $895,000.

While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. In October 2024 median list price was $560,436 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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