$1,455,000

145 NW 31st St, Miami FL 33127

61 days on market

Living area
2,018 sqft
Price per sqft
$721
Type
Triplex
Year built
1925
Taxes
$12,404/yr
MLS #
A12080413

About this home

Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 16 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.

Estimated subtotal

$1,034/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
$1,034
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.

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The neighborhood

Miami, 33127

What to check here

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Listing courtesy of JFA Realty Co

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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