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Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property rezoned from T3 to T4, allowing for the development of up to a 5-unit approx multifamily building. Situated in one of Miami's fastest-growing and most sought-after redevelopment corridors, this offering presents exceptional potential for developers and investors alike. Enjoy a strategic location with convenient access to major highways, vibrant dining and shopping destinations along 1st Avenue and North Miami Avenue, as well as nearby attractions such as Wynwood Walls, Design District and the thriving Wynwood District. Buyer is responsible for independently verifying zoning, allowable density, unit count, and all development potential with the City of Miami. Don't miss the chance to invest in an area experiencing remarkable growth and increasing demand.
Property Details
Price: $1,500,000
Sq Ft: 1,660
($904 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Miami
County: Miami-Dade
Type: Single Family
Development: Northern Blvd Track
Acres: 0.1400
Virtual Tour/Floorplan:
View
Year Built: 1936
Listing Number: A12037437
Status Code: A-Active
Taxes: $6,929.00
Tax Year: 2025
Garage:
3
Pets Allowed: Yes
Interior Features:
Storage
Financial Information:
Taxes: $6,929.00
Tax Year: 2025
Exterior Features:
Awning(s)
Fenced
Patio
Equipment:
Electric Water Heater
Dryer
Electric Range
Refrigerator
Washer
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: 1,810
Price per Square Feet: $903.61
Total Rooms: 1
Total Floors: 1
Water: Public
Construction: Cbs
Date Listed: 2026-06-15 00:00:00
Parking: Detached Carport, On Street, Carport
Garage Spaces: 3
Flooring: Ceramic Tile
Roof: Shingle
Heating: Central
Cooling: Central Air, Ceiling Fan(S)
Security: Smoke Detector(S)
Pets: Yes
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Fruit Tree(S)
Parcel ID: 0131250240950
Map of 351 Nw 31St St, Miami, FL 33127
Listing Courtesy Of: Luxe Properties
listingwithmora@gmail.com