287 NW 31st St, Miami, FL, 33127
287 NW 31st St, Miami, FL, 33127 - Image 2287 NW 31st St, Miami, FL, 33127 - Image 3287 NW 31st St, Miami, FL, 33127 - Image 4287 NW 31st St, Miami, FL, 33127 - Image 5

287 NW 31st St, Miami, FL, 33127

3 bedrooms · 1 bath · 1,256 sq.ft.

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.

Information

Property typeSingle Family
Size1,256 sq.ft.
Plot size7,200 sqft
Year built1930
Stories1
Price per sq.ft.USD 1,015
Last sold1981-03-01
Last sold priceUSD 37,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 1,275,000

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Where it's located

Miami, United States

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