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287 NW 31st St, Miami, FL 33127

$1,275,000 · Active

MLS #A11980020

287 NW 31st St, Miami, FL 33127
Price
$1,275,000
Status
Active
Bedrooms
3
Bathrooms
1
Living area
1,256 sq ft
Home type
Single Family Residence
Year built
1930
Lot size
0.17 acres
Full bathrooms
1
Half bathrooms
0
County
Miami-Dade County
Garage spaces
0
Annual property taxes
$20,853
Subdivision
WYND WOOD PARK
Style
"Attached", "One Story"
Bathrooms
Full Bathrooms: 1 · Bathrooms Total: 1
Bedrooms
Total Bedrooms: 3 · Features: At Least 1 Bedroom Ground Level
Building
Living Area: 1256 · Architectural Style: Attached, One Story · Construction Materials: Concrete Block Construction · Year Built: 1930 · Year Built Details: Effective Year Built · Building Area Total: 1280 · Building Name: WYND WOOD PARK · Structure Type: R30-No Pool/No Water, House
Community
Features: None
Cooling
Cooling: Central Air
Exterior Features
Patio/Porch: Patio
Floors
Flooring: Tile
Water Features
Water Source: "Municipal Water"
Heating
Heating: Central
Interior Features
Features: First Floor Entry, Family Room
Lot
Square Feet: 7200 · Features: Less Than 1/4 Acre Lot
Parking
Open Parking · Features: Covered, Driveway, On Street
Property
Leasable Area Units: Square Feet · View: None
Roof
Roof: Shingle
Sewer
Sewer: Public Sewer

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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.

Courtesy of Fausto Commercial Realty Consultants Inc.

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Contact LPT Realty at (877) 366-2213 to ask about this home.