287 NW 31st Street Miami, FL 33127

$1,600,000
Reduced $200,000
3
Beds
1
Baths
0.17
Acres
1,256
SQFT
1274
$/SQFT
$1,600,000
Reduced
$200,000
3
Beds
1
Baths
1,256   sf
$1274 / sf
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7,200 sqft Lot Covered land play in coveted Wynwood Norte, this prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 16 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195. Property currently consists of a single family 3 beds and 1 bath and can generate approximately $3,000/m. Property is within walking distance of many entertainment, retail, hospitality, art galleries, and restaurants, including several Michelin-awarded restaurants. South of Design District and west of Mid-Town, the area is experiencing rapid growth, with hundreds of new developments coming to Wynwood Norte.

7,200 sqft Lot Covered land play in coveted Wynwood Norte, this prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 16 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195. Property currently consists of a single family 3 beds and 1 bath and can generate approximately $3,000/m. Property is within walking distance of many entertainment, retail, hospitality, art galleries, and restaurants, including several Michelin-awarded restaurants. South of Design District and west of Mid-Town, the area is experiencing rapid growth, with hundreds of new developments coming to Wynwood Norte.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    Wynd Wood Park
  • Tax Amount
    $20,853
  • Status
    Active
  • Listing #
    A11653436
  • Built
    1930
  • Lot Size
    0.17
  • Listed on site
    210 days
  • Listing Agent Id
    3289280
  • Listing Agent Phone
    305-510-6627

Listed by:
Fausto Commercial Realty Consultants Inc

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Feb 27, 20251 mo agoPrice decreased200,000 (11%)$1,600,000
Sep 4, 20247 mos agoNew on market$1,800,000
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