287 NW 31st Street, Miami, FL 33127

$1,275,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11653436

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11980020

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,280 Status: Active

Current Price: $1,275,000 List Date: 3/09/2026 Last Modified: 10/31/2026

Overview

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.

Listing Details MLS# A11980020

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 1280
Living Area Main: 1256
Adjusted Area Main: 1176
Year Built: 1930
Lot Size Area: 7200
Lot Size Acres: 0.17
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Direction Faces: South
Pool Private YN: No

Property Features

Flooring: Tile Parking Features: Covered; Driveway; On Street Construction Materials: Block Cooling: Central Air Heating: Central Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Restrictions: No Restrictions Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Patio Room Types: Family Room

Contract Information

Comp Sale YN: No
Original List Price: 1275000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 287
Street Direction Prefix: NW
Street Name: 31st
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3737
Postal Zip: 33127
Subdivision Name: WYND WOOD PARK
Area: 2310
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131250193130
Subdivision Number: 19
Zoning: 3900
Flood Zone: X

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 20853
Tax Year: 2025
Tax 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

Status Change Information

Major Change Timestamp: 2026-03-09T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-03-10

More Information

Entry Information

Entry Level: Yes

Section Details

Parcel Number MLX: 3130

Originating Details

Originating System Key: 438916094
Originating System ID: M00000151

Room Information

Room Name
Family Room

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: October - 31 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

287 NW 31st Street, Miami, FL 33127 (MLS# A11980020)