Active MLS listing · MLS #A11980020

287 NW 31st Street

Miami, FL, 33127

$1,275,000
3Beds
1Baths
1256SqFt
Property type
Single Family Residence
Subdivision
WYND WOOD PARK
Year built
1930

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 Courtesy of: Fausto Commercial Realty Consultants Inc
cfm@faustocommercial.com
BeachesMLS

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