Listed By:
This listing is courtesy of Fausto Commercial Realty Consultants Inc
Address
287 Nw 31st St, Miami, FL
Price
$ 1,275,000
Property Attributes
  • MLS#A11980020
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area31
  • NeighborhoodWYND WOOD PARK
  • Zip33127
  • Style
  • Year Built1930
  • Taxes$ 20853
  • Price$ 1,275,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1256
Data Source:
Southeast Florida MLS (SEFMLS)
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.

Price History
3/10/2026 Listed $1,275,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Possession ClosingAndFunding
Roof Shingle
Patio/Porch Features Patio
Architectural Style OneStory
Pool Features None
Security Features SmokeDetectors
Restrictions NoRestrictions
Construction Materials Block
Year Built 1930
View None
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
County Miami-Dade
Property Type Residential
Subdivision Name WYND WOOD PARK
Facing Direction South
Garage Y/N false
Full Baths 1
Special Listing Conditions ListedAsIs
Status Active
City Miami
Senior Community Y/N false
Zoning Description 3900
MLS Area 31
Lot Size Units SquareFeet
Lot Size Square Feet 7200
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VaLoan
Year Built Details Effective Year Built
Tax Annual Amount 20853
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11980020
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional SingleFamilyResidence
PostalCity Miami
Legal Description 25 53 41 WYNDWOOD PARK PB 5-23 LOT 11 BLK 16 LOT SIZE 50.000 X 144 OR 11056-536 0381 1

Interior Features

Interior Amenities BedroomOnMainLevel,FirstFloorEntry
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 1

Exterior Features

Exterior Amenities Patio
Parking Features Covered,Driveway,OnStreet
Lot Features LessThanQuarterAcre
Water Source Public
Lot Size Area 7200
Building Area Total 1280
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33127

Price
AVG $1.03M
$1.28M
Taxes
AVG $9,881
$20,853
Year Built
AVG 1966
1930

Areas We Cover