351 NW 31st Street
Miami, FL 33127
3
Bed
2
Bath
1,660Sqft
6,200Sqft(Lot)
Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property rezoned from T3 to T4, allowing for the development of up to a 5-unit approx multifamily building. Situated in one of Miami's fastest-growing and most sought-after redevelopment corridors, this offering presents exceptional potential for developers and investors alike. Enjoy a strategic location with convenient access to major highways, vibrant dining and shopping destinations along 1st Avenue and North Miami Avenue, as well as nearby attractions such as Wynwood Walls, Design District and the thriving Wynwood District. Buyer is responsible for independently verifying zoning, allowable density, unit count, and all development potential with the City of Miami. Don't miss the chance to invest in an area
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Roofing Information
ShingleFlooring Information
CeramicTile -
Interior Features
BedroomOnMainLevel, StorageRoof: ShingleAppliances: Dryer, ElectricRange, ElectricWaterHeater, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, CeilingFans
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Building Information
Year Built: 1936Building Area Total: 1810Construction Materials: BlockStories: 1Patio And Porch Features: PatioPrivate Pool: NoWater front Features: None -
Exterior Features
Exterior Features: Awnings, OutdoorLivingArea
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Lot Information
Main Square Feet: 6200 Lot Size Acres: 0.14 Lot Description: FruitTreesProperty Information
Subdivision: NORTHERN BLVD TRACK Source Property Type: Residential Postal Code Plus 4: 3739 Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 90
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Listing Price Information
Listing Price: $1500000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 0131250240950 Tax Year: 2025 Annual Tax: $6929 Tax Legal Desc: 25 53 41 NORTHERN BLVD TR PB 2-29 LOT 17 LESS N20FT BLK 5 LOT SIZE 50.000 X 124 OR 13112-274 1186 1
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Virtual Tour
Parking Information
Carport, DetachedCarport, OnStreetGarage Information
Has Garage: Yes Garage Space: 3 Pets Allowed: YesHomeowners Association Information
Association Amenities: None
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School Information
Elementary School: Eneida Massas Hartner Junior High School: Jose De Diego Senior High School: Booker T. Washington -
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 |
|---|---|---|---|---|---|
| 4315 NW 11th Court, Miami, FL, 33127 | $525,900 | 4 | 3 | 1,694 | 7,316 Sq. Ft |
| 536 Nw 48th Street, Miami, FL, 33127 | $2,299,000 | 5 | 4 | 3,056 | 0.11 Acre |
| 560 NW 53rd St, Miami, FL, 33127 | $599,000 | 2 | 1 | 1,050 | 7,200 Sq. Ft |
| 264 NW 33rd St, Miami, FL, 33127 | $1,250,000 | 5 | 3 | 2,657 | 6,000 Sq. Ft |
| 58 NW 52nd St, Miami, FL, 33127 | $1,190,000 | 3 | 3 | 1,656 | -- |
| 355 NW 50th St, Miami, FL, 33127 | $1,099,000 | 3 | 3 | 1,676 | -- |
| 737 NW 30th St, Miami, FL, 33127 | $570,000 | 3 | 2 | 996 | 996 Sq. Ft |
| 400 NW 40th St, Miami, FL, 33127 | $1,249,000 | 3 | 2 | 1,232 | 5,000 Sq. Ft |
| 229 NW 42nd St, Miami, FL, 33127 | $2,690,000 | 5 | 5 | 2,780 | 5,400 Sq. Ft |
| 160 NW 27th St, Miami, FL, 33127 | $4,000,000 | 3 | 3 | 1,520 | 5,250 Sq. Ft |
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ByOwner last updated this listing 10/01/2026 @ 02:45
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