287 NW 31st, 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
Detached
County
Miami-Dade
Subdivision
Wynd Wood Park
Region
2310
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

Heating
Central
Cooling
Central Air
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
Exterior Features
Patio
Construction
Block, Concrete
Living Area
1,256

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Calculator source: Real Geeks

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact: