287 NW 31st St

Single Family Home

287 NW 31st St

$1,275,000

287 NW 31st St, Miami, FL, 33127

287 NW 31st St photo 1
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LIST PRICE$1,275,000
BEDROOMS3
BATHROOMS1
HOUSE sq ft1,256
LOT sq ft7,200

Take a closer look

HOA: request current costs · Last reported tax: $20,853/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$9,154/mo

Principal & interest$6,779
Property taxfrom listing$1,738
Homeowners insuranceestimate$638

$255,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

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

$1,275,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1930
Status
Active
MLS #
A11980020
Living Area
1,256 sq ft
$/Sq Ft (Living)
$1,015
Lot Size
7,200 sq ft
$/Sq Ft (Lot)
$177
Annual Taxes
$20,853
Days on Market
89

Location Scores

Location

287 NW 31st St, Miami, FL, 33127