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287 NW 31st St, Miami, Florida 33127

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    Active For Sale
    $1,275,000
    • Beds 3
    • Baths 1
    • Sq Ft 1,256 Sqft
    • Visits: 2 in 2 days

    Description

    7,200 sqft lot development opportunity in the highly sought-after Wynwood Norte area. This prime T-4R property with NRD-2 Zoning Overlay offers the potential to build up to 16 units by right, with no parking requirements. The site is also well-suited for luxury townhome development. Ideally located just minutes from Wynwood, Midtown, and the Design District, with convenient access to I-95 and I-195. The property currently features a 3-bedroom, 1-bath single-family home generating approximately $3,000/month in rental income. Within walking distance to numerous restaurants, retail, entertainment venues, art galleries, and several Michelin-recognized dining spots. Positioned south of the Design District and west of Midtown, Wynwood Norte continues to experience strong growth with numerous new developments transforming the neighborhood.

    Features

    • Swimming Pool: No
    • Heating System: Central
    • Cooling System: Central Air
    • Security: Smoke Detector(s)
    • Patio: Patio
    • Parking: Driveway, Covered, On Street

    Address Map

    • Country: US
    • State: FL
    • County: Miami-Dade
    • City: Miami
    • Subdivision: WYND WOOD PARK
    • Zipcode: 33127
    • Street: 31st St
    • Street Number: 287
    • Floor Number: 0
    • Longitude: W81° 47' 56.6''
    • Latitude: N25° 48' 21''
    • Street Dir Prefix: NW
    • MLS Area: 31

    MLS Addon

    • Architectural Style: One Story
    • Association Fee: $0
    • Close Price: $0
    • Exterior Features: Patio
    • Flooring: Tile
    • Insurance Expense: $0
    • Interior Features: Bedroom on Main Level, First Floor Entry
    • Listing Terms: Cash, Conventional, FHA, VA Loan
    • Lot Features: < 1/4 Acre
    • New Taxes Expense: $0
    • Stories: 1
    • Tax Annual Amount: $20,853
    • Tax Year: 2025

    Location

    Listing Updated: 2026-03-10 17:06:41

    • Property Type : Single Family
    • Property Sub Type : Single Family Residence
    • Listing Type : For Sale
    • Listing ID : A11980020
    • Price : $1,275,000
    • View : None
    • Bedrooms : 3
    • Bathrooms : 1
    • Full Bathrooms : 1
    • Half Bathrooms : 0
    • Square Footage : 1,256 Sqft
    • Year Built : 1930
    • Lot Area : 0 Acre
    • Listing Status : Active
    • Days On Market : 1
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