7,200 sq.ft 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 lu

287 NORTH WEST 31ST ST, Miami

$1,275,000 USD 3 1
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Address287 NORTH WEST 31ST ST, Miami
Building NameWYND WOOD PARK
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$1,275,000
Property StatusActive
MLS NumberA11980020
Bedrooms Number3
Full Bathrooms Number1
Living Area1256
Lot Size7200
Year Built1930
Folio Number01-31-25-019-3130
Zoning Information3900
Days on Market0

Detailed Description: 7,200 sq.ft 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.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address287 NORTH WEST 31ST ST
Section25
Zip Code (4 Digits)3737
Financial Information
Price$1,275,000
Price per Foot$0
Folio Number01-31-25-019-3130
Tax Amount$20,853
Tax Year2025
Full Descriptions
Detailed Description7,200 sq.ft 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 ViewNone
Design DescriptionAttached, One Story
Roof DescriptionShingle
Floor DescriptionTile
Interior FeaturesFirst Floor Entry, Family Room
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionCovered, Driveway, On Street
Property parameters
Bedrooms Number3
Full Baths Number1
Living Area1256
Lot Size7200
Zoning Information3900
Year Built1930
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NameWYND WOOD PARK
Development NameWYND WOOD PARK
Construction TypeConcrete Block Construction
Street DirectionNorth West
Listed withFausto Commercial Realty Consultants Inc