351 NW 31st St

Single Family Home

351 NW 31st St

$1,500,000

351 NW 31st St, Miami, FL, 33127

351 NW 31st St photo 1
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LIST PRICE$1,500,000
BEDROOMS3
BATHROOMS2
HOUSE sq ft1,660
LOT sq ft6,200

Take a closer look

HOA: request current costs · Last reported tax: $6,929/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$9,303/mo

Principal & interest$7,976
Property taxfrom listing$577
Homeowners insuranceestimate$750

$300,000 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

Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property rezoned from T3 to T4, allowing for the development of up to a 5-unit approx multifamily building. Situated in one of Miami's fastest-growing and most sought-after redevelopment corridors, this offering presents exceptional potential for developers and investors alike. Enjoy a strategic location with convenient access to major highways, vibrant dining and shopping destinations along 1st Avenue and North Miami Avenue, as well as nearby attractions such as Wynwood Walls, Design District and the thriving Wynwood District. Buyer is responsible for independently verifying zoning, allowable density, unit count, and all development potential with the City of Miami. Don't miss the chance to invest in an area experiencing remarkable growth and increasing demand.

Property Details

$1,500,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1936
Status
Active
MLS #
A12037437
Living Area
1,660 sq ft
$/Sq Ft (Living)
$904
Lot Size
6,200 sq ft
$/Sq Ft (Lot)
$242
Annual Taxes
$6,929
Days on Market
38

Location Scores

Location

351 NW 31st St, Miami, FL, 33127