
$1,275,000
Single Family ResidenceActive287 NW 31st St, Miami FL 33127
MLS #A11980020About This Property
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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Blue Mar Real Estate Group
Property Details
Property Type
Single Family Residence
Year Built
1930
Living Area
1,256 sq ft
Lot Size
7,200 sq ft
Bedrooms
3
Bathrooms
1
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Roof Type
Shingle
Flooring
Tile
Construction
Concrete Block Construction
Style
Attached, One Story
HOA Fee
None
Annual Taxes
$20,853 (2025)
Days on Market
89
MLS #
A11980020
Features & Amenities
Interior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes Nearby
Location
City
Miami
State
FL
ZIP Code
33127
County
Miami-Dade County
Listing provided by Vicente Rodriguez at Fausto Commercial Realty Consultants Inc. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11980020.