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
Price:
$1,275,000
MLS #:
A11980020
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WYND WOOD PARK
Neighborhood:
wyndwoodpark
Listed Date:
Mar 9, 2026
Finished Sq Ft:
1,256
Total Sq Ft:
1,280
Year Built:
1930
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
Attached, One Story
Community Features
None
Construction Materials
Concrete Block Construction
Parking Features
Covered, Driveway, On Street
Roof
Shingle
Security Features
Smoke Detector
Financial
Tax Year
2025
Taxes
$20,853
Map
Community
- Address287 NW 31st St Miami FL
- SubdivisionWYND WOOD PARK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Market Summary
Current real estate data for Single Family in Miami as of Mar 13, 2026
3,770
Single Family Listed
127
Avg DOM
581
Avg $ / SqFt
$1,634,837
Avg List Price
Property Summary
- Located in the WYND WOOD PARK subdivision, 287 NW 31st St 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 $581. The average listing price for Single Family in Miami is $1,634,837.
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