287 NW 31st St, Miami FL 33127
Miami, FL, 33127
$1,275,000
+ 18 more photos
Property facts
- Status
- Active
- Price
- $1,275,000
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,256 sqft
- Lot size
- 7,200 sqft
- Year built
- 1930
- Type
- Single Family Residence
- Days on market
- 89
- On market
- March 9, 2026
- MLS #
- A11980020
About this single family residence
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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Listing courtesy of Vicente Rodriguez, Fausto Commercial Realty Consultants Inc, 786-748-7373. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided 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. Data is deemed reliable but is not guaranteed accurate by the MLS.