145 NW 31st St, Miami, FL, 33127
145 NW 31st St, Miami, FL, 33127 - Image 2145 NW 31st St, Miami, FL, 33127 - Image 3145 NW 31st St, Miami, FL, 33127 - Image 4145 NW 31st St, Miami, FL, 33127 - Image 5

145 NW 31st St, Miami, FL, 33127

Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 22 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.

Information

Property typeLand
Plot size7,150 sqft
Last sold1985-02-01
Last sold priceUSD 40,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 1,455,000

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Where it's located

Miami, United States

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