287 NW 31st Street, Miami, FL 33127
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Active

$1,275,000

287 NW 31st Street, Miami, FL 33127

3 Beds
1 Baths
1,256 Sq Ft
1930 Year Built

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.

Property Details

MLS Number
A11980020
Property Type
Single Family Residence
City
Miami
County
Miami-Dade
Subdivision
WYND WOOD PARK
Garage
0 spaces