Single Family Residence

351 NW 31st St

Miami, FL 33127

$1,500,000

Beds: 3
Baths: 2
Sq ft: 1,660
Year built: 1936
Price per sq ft: $904

Listing courtesy of Stephanie Mora, Luxe Properties

About this home

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.

Details

Property

Type: Single Family Residence
Style: Attached, One Story
Building: R30-No Pool/No Water
Year built: 1936
Lot size: 6,200 sq ft
Building name: NORTHERN BLVD TRACK
Subdivision: NORTHERN BLVD TRACK
County: Miami-Dade County
Faces: South
Flood zone: X

Interior

Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Flooring: Ceramic Floor
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Features: First Floor Entry, Family Room, Storage

Exterior and parking

Exterior: Fruit Trees
Patio and porch: Awning(s), Patio
Parking: Detached Carport, Additional Spaces Available, On Street
Garage spaces: 3
Construction: CBS Construction
Roof: Shingle

Community and fees

Security: Smoke Detector
Annual taxes: $6,929
Terms: All Cash, Conventional, Exchange

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 July 23, 2026.