$1,275,000
287 NW 31st St, Miami FL 33127
236 days on market
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,256 sqft
- Price per sqft
- $1,015
- Type
- Single Family Residence
- Year built
- 1930
- Taxes
- $20,853/yr
- MLS #
- A11980020
About this home
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.
Estimated subtotal
$1,738/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,738
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33127
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.