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287 NW 31st St, Miami, FL, 33127

3beds
1baths
1,256sqft
$1,275,000
$1,015price/sqft
$8,957/moest. monthly cost
$358,280/yrincome needed

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.

Getting Around

89
WalkingVery Walkable
52
TransitGood Transit
77
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Shingle
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,280
  • Total interior livable area: 1,256 sqft

Property

Details

  • Parcel number: 0131250193130
  • Zoning: 3900

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Patio & porch: Patio
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,200 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Parking features: Covered,Driveway,On Street
  • Has uncovered spaces: Yes