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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.
Property Details
Price: $1,275,000
Sq Ft: 1,256
($1,015 per
sqft)
Bedrooms: 3
Bathrooms: 1
City: Miami
County: Miami-Dade
Type: Single Family
Development: Wynd Wood Park
Acres: 0.1700
Virtual Tour/Floorplan:
View
Year Built: 1930
Listing Number: A11980020
Status Code: A-Active
Taxes: $20,853.00
Tax Year: 2025
Garage:
Financial Information:
Taxes: $20,853.00
Tax Year: 2025
Exterior Features:
Patio
School Information:
Elementary School: Eneida Massas Hartner
Middle School: Jose De Diego
Junior High: Jose De Diego
High School: Booker T. Washington
Additional Information:
MLS Area: 2310
Total Square Footage: 1,280
Total Rooms: 1
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2026-03-09 00:00:00
Parking: Covered, Driveway, On Street
Flooring: Tile
Roof: Shingle
Heating: Central
Cooling: Central Air
Security: Smoke Detector(S)
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0131250193130
Map of 287 Nw 31St St, Miami, FL 33127
Listing Courtesy Of: Fausto Commercial Realty Consultants Inc
vr@faustocommercial.com