287 31st St, Miami, FL 33127

For Sale $1,275,000

Days Listed

1

Beds

3

Baths

1

Interior

1256 ft2 (117m2)

For Sale
30
287 31st St, Miami, FL 33127|3 BEDS | 1 BATH |$1,275,000

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.

| Floor Plans

  • Days On Market:
    1
    Listed:
    Mar 10, 2026
  • Size:
    1256 ft2 (117m2)
    Rooms:
    3
  • Bathrooms:
    1
    Baths Half:
    0
  • Terms:
    All Cash, Conventional, FHA, VA Loan
    Property Facing:
    South
  • Last Modification:
    8 months ago
     

Property Taxes and Assessment

  • Annual Tax
    $20,853
  • Tax Year
    2025
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    All Cash, Conventional, FHA, VA Loan

Property Features

Facts and features
Views
  • None
  • Interior Features
  • First Floor Entry
    Family Room
  • Parking
  • Covered
    Driveway
    On Street
  • Other Facts
    Heating
  • Central
  • Cooling
  • Central Air
  • Flooring
  • Tile
  • Roof
  • Shingle
  • Water Source
  • Municipal Water
  • Sewer
  • Public Sewer
  • Amenities
    Patio And Porch Features
  • Patio
  • Community Features
  • None
  • Architectural Style
  • Attached
    One Story
  • Construction Materials
  • Concrete Block Construction
  • Structure Type
  • R30-No Pool/No Water
    House
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    Sophia K. Albrecht

    Sophia K. Albrecht

    Lic. Real Estate Broker