287 Nw 31st St, Miami, FL 33127

$1,275,000
3
BD
1
BA
1,256
SqFt

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List Price
$1,275,000
MLS#
A11980020
Subdivision
Wynd Wood Park
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
1
Living Area
1,256

Property Description

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.

Additional Information

Days on Market
186
View
None
Tax Amount
$20,853
Parcel Number
01-31-25-019-3130
Bedroom Description
At Least 1 Bedroom Ground Level
Front Exposure
South
Lot Size
7,200
Parking Restrictions
Covered, Driveway, On Street
Address
287 Nw 31st St, Miami
SqFt Liv Area
1,256
Year Built
1930
Design
Attached, One Story
Development Name
Wynd Wood Park
Style
R30-No Pool/No Water, House
Restrictions
No Restrictions
Construction Type
Concrete Block Construction
Interior Features
First Floor Entry, Family Room
Section
25

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Calculator source: Real Geeks

Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: