287 NW 31st St, Miami, FL 33127
Local realty services provided by:First Service Realty ERA Powered
Listed by: vicente rodriguez
Office: fausto commercial realty consultants inc
MLS#:A11980020
Source:SEFMLS
Price summary
- Price:$1,275,000
- Price per sq. ft.:$996.09
About this home
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.
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Home facts
- Year built:1930
- Listing ID #:A11980020
- Updated:March 14, 2026 at 10:08 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile
- Living area:1,256 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1930
- Building area:1,256 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:One Story
- Construction Materials:Block
- Exterior Features:Patio
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,275,000
- Price per sq. ft.:$996.09
- Tax amount:$20,853 (2025)
Features and amenities
- Amenities:Smoke Detectors
Parking
- Parking description:Covered, Driveway, On Street
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