287 Nw 31st St, Miami, FL 33127

$1,275,000
3
BD
1
BA
1,256
SqFt

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List Price
$1,275,000
MLS#
A11980020
Bedrooms
3
Bathrooms
1
Sq. Ft
1,256
Lot Size
7,200
Subtype
Single Family Residence
County
Miami-Dade
Community
Wynd Wood Park
Subdivision
Wynd Wood Park
Year Built
1930

Property Description

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.

Additional Information

Front Exposure
South
Status Label
ACTIVE
Construction
Concrete Block Construction
Cooling
Central Air
Flooring
Tile
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Parking
Covered, Driveway, On Street
Roof
Shingle
Bedroom Description
At Least 1 Bedroom Ground Level
Security
Smoke Detector
Taxes
$20,853
View
None
Roofing
Shingle
Price Per Sqft
$1,015

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Calculator source: Real Geeks

Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: