Single Family Residence

287 NW 31st St

Miami, FL 33127

$1,275,000

Beds: 3
Baths: 1
Sq ft: 1,256
Year built: 1930
Price per sq ft: $1,015

Listing courtesy of Vicente Rodriguez, Fausto Commercial Realty Consultants Inc

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.

Details

Property

Type: Single Family Residence
Style: Attached, One Story
Building: R30-No Pool/No Water
Year built: 1930
Lot size: 7,200 sq ft
Building name: WYND WOOD PARK
Subdivision: WYND WOOD PARK
County: Miami-Dade County
Faces: South
Flood zone: X

Interior

Flooring: Tile
Cooling: Central Air
Heating: Central
Features: First Floor Entry, Family Room

Exterior and parking

Patio and porch: Patio
Parking: Covered, Driveway, On Street
Construction: Concrete Block Construction
Roof: Shingle

Community and fees

Security: Smoke Detector
Annual taxes: $20,853
Terms: All Cash, Conventional, FHA, VA Loan

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated March 11, 2026.