287 NW 31st St, Miami FL 33127

Miami, FL, 33127

3
Beds: 1
Baths: 1,256
Sqft

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.

Facts & features

Property type: Single Family Residence
Year built: 1930
Lot size: 7,200 sqft
HOA fee: —
Waterfront: No
Private pool: No
Parking: Covered, Driveway, On Street
Flooring: Tile
Heating: Central
Cooling: Central Air

IDX listing data from the MIAMI Association of REALTORS®. Information deemed reliable but not guaranteed.