$1,275,000
 $6,844 est/mo Sourced by Back At You

287 NW 31st St,Miami, FL 33127

Miami, FL 33127

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Description

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.

Details

MLS #A11980020
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1930
Days On Site166
Listing Provided ByFausto Commercial Realty Consultants Inc | Vicente Rodriguez

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,256
Story(s)1
Zoning3900
Acreage7200.00
Property ViewNone

Exterior

Lot FeaturesLess Than Quarter Acre

Parking

Garage Yes / NoNo
Parking FeaturesCovered, Driveway, On Street

Taxes

Tax Annual Amount20853

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area31
Community NameWYND WOOD PARK
Listing VS Median (in WYND WOOD PARK)
Price:
$1,275,000
low | high
Med:
$1,175,000
57.843137254902% of Average
sqft:
1,256
low | high
Med:
1,800
6.687898089172% of Average
$ / sqft:
$1,015
low | high
Med:
$653
85.694989106754% of Average
On site:
166
low | high
Med:
115
100% of Average
Sourced by Back At You

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Learn More About This Property

DoMi Real Estate Advisors

DoMi Real Estate Advisors

 (305) 646-9096info@domirealestate.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area31
Community NameWYND WOOD PARK
Listing VS Median (in WYND WOOD PARK)
Price:
$1,275,000
low | high
Med:
$1,175,000
57.843137254902% of Average
sqft:
1,256
low | high
Med:
1,800
6.687898089172% of Average
$ / sqft:
$1,015
low | high
Med:
$653
85.694989106754% of Average
On site:
166
low | high
Med:
115
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $956K - $1.593M
sqft: 942 - 1,500
Nearby Listings Property ImageNearby Listings Details
266 NW 32nd St Property Photo 1
$1,200,000
266 Nw 32nd St
Miami, FL 33127
Listing Updated: July 15, 2026 at 1:35:01 PM PDT
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