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 Provided Courtesy of Fausto Commercial Realty Consultants Inc at 786-748-7373
Property Details
Price:
$1,275,000
MLS #:
A11980020
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WYND WOOD PARK
Neighborhood:
2310
Listed Date:
Jul 15, 2026
Finished Sq Ft:
1,256
Total Sq Ft:
1,280
Lot Size:
313,632,000 sqft / 0.17 acres (approx)
Year Built:
1930
See this Listing
Schools
Elementary School:
Eneida Massas Hartner
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Levels
One
Exterior
Association Amenities
None
Construction Materials
Block
Direction Faces
South
Parking Features
Covered, Driveway, On Street
Patio And Porch Features
Patio
Roof
Shingle
Security Features
Smoke Detector(s)
Financial
Tax Year
2025
Taxes
$20,853
Map
Community
- Address287 NW 31st Street Miami FL
- SubdivisionWYND WOOD PARK
- CityMiami
- CountyMiami-Dade
- Zip Code33127
Market Summary
Current real estate data for Single Family in Miami as of Oct 28, 2026
2,924
Single Family Listed
45
Avg DOM
563
Avg $ / SqFt
$1,439,964
Avg List Price
Property Summary
- Located in the WYND WOOD PARK subdivision, 287 NW 31st Street Miami FL is a Single Family for sale in Miami, FL, 33127. It is listed for $1,275,000 and features 3 beds, 1 baths, and has approximately 1,256 square feet of living space, and was originally constructed in 1930. The current price per square foot is $1,015. The average price per square foot for Single Family listings in Miami is $563. The average listing price for Single Family in Miami is $1,439,964.
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