287 NW 31st St
Miami, FL 33127
3
Bed
1
Bath
1,256Sqft
7,200Sqft(Lot)
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
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1Roofing Information
ShingleFlooring Information
Tile -
Interior Features
BedroomOnMainLevel, FirstFloorEntryRoof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1930Building Area Total: 1280Construction Materials: BlockStories: 1Patio And Porch Features: PatioPool Features: NonePrivate Pool: NoView: None -
Exterior Features
Exterior Features: Patio
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Lot Information
Main Square Feet: 7200 Lot Size Square Feet: 7,200 Lot Description: LessThanQuarterAcreProperty Information
Subdivision: WYND WOOD PARK Source Property Type: Residential Postal Code Plus 4: 3737 Zoning Description: 3900 Property SubType: Single Family Residence Direction Faces: South Property Age: 96
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Listing Price Information
Listing Price: $1275000Cash, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 01-31-25-019-3130 Tax Year: 2025 Annual Tax: $20853 Tax Legal Desc: 25 53 41 WYNDWOOD PARK PB 5-23 LOT 11 BLK 16 LOT SIZE 50.000 X 144 OR 11056-536 0381 1
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Virtual Tour
Parking Information
Covered, Driveway, OnStreet
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Location Information
WaterSource: Public Security Features: SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 500 NW 43rd St, Miami, FL, 33127 | $1,290,000 | 3 | 2 | 1,320 | 1,320 SqFt |
| 5627 NW 9th Ave, Miami, FL, 33127 | $575,000 | 6 | 4 | 1,740 | 1,740 SqFt |
| 5510 NW 1st Ave, Miami, FL, 33127 | $895,000 | 3 | 3 | 1,178 | 1,178 SqFt |
| 4125 NW 5th Ave, Miami, FL, 33127 | $3,300,000 | 4 | 5 | 4,328 | 4,328 SqFt |
| 510 NW 47th Street, Miami, FL, 33127 | $765,000 | 4 | 3 | 1,383 | 1,383 SqFt |
| 412 NW 41st St, Miami, FL, 33127 | $1,395,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 545 NW 52nd St, Miami, FL, 33127 | $1,380,000 | 4 | 2 | 1,606 | 1,606 SqFt |
| 1198 NW 61st St, Miami, FL, 33127 | $337,000 | 8 | 4 | 3,952 | 3,952 SqFt |
| 5800 NW 5th Ave #5800, Miami, FL, 33127 | $1,150,000 | 4 | 4 | -- | |
| 111 NW 46th St, Miami, FL, 33127 | $1,495,000 | 3 | 2 | 1,366 | 1,366 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 07:27
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