5 months on rocket

831 SW 31st Ct, Miami, FL, 33135

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,076 SqFt
$672/SqFt
Multi

Location

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831 SW 31st Ct, Miami$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1957
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11606119
StatusActive

About 831 SW 31st Ct

THIS IS A DEVELOPMENT SITE WITH INCOME UNTIL DEMOLISHED. It is one of two contiguous sites for sale together. The other is the adjacent property at 821 SW 31 Ct. Miami, FL 33135. MLS # A11606113. 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 of 2021 for $58 million and is a half block from the Home Depot. This property presently generates $64,800 in annual income (together; $112,800). $1,395,000 price is $158/SF per lot size of 8,820 SF. (both $2,290,000). 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: 1957
  • Stories: 1
  • Living Area: 2,076 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: 831 SW 31st Ct
Virtual Tour

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $672/SqFt

Tax Information:

  • Annual Amount: $9,155
  • Tax Year: 2020
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Housing Market Comparison

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

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Miami, FL

City

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

831 SW 31st Ct vs Miami

172 DAYS ON ROCKET

+112 Days

$1,395,000

+$829.3K More

$672/SqFt

+$280 More

KEY TAKEAWAY

This property is $829.3K more than the Median Sold Price and $280/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: #A11606119

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: 12/3/2024, 11:20:50 AM 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$9,155$394,150
2018$8,983$392,632
2017$9,078$392,662

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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-3482881
4
/10

  • Auburndale Elementary School

  • 3255 SW 6th St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-3482882
9
/10

  • Coral Gables Preparatory Academy

  • 105 Minorca Ave

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-3482883
6
/10

  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 1.08 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33135›831 SW 31st Ct

This home is located at 831 SW 31st Ct in Miami, FL and zip code 33135 in the Shenandoah neighborhood. This 2,076 square foot home was built in 1957. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $1,395,000.

Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. In November 2024 median list price was $565,671 and the average listing age was 60 days.

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

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