Single Family Residence
287 NW 31st St
287 NW 31st St, Miami FL 33127 Get directions
$1,275,000
3 Beds · 1 Bath · 1,256 SqFt
See estimated monthly costThis listing is courtesy of Fausto Commercial Realty Consultants Inc. Vicente Rodriguez
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,256
- Full bathrooms
- 1
- First Floor Entry
- Family Room
Building & exterior
- Year built
- 1930
- Lot size (sq ft)
- 7,200
- None
- Covered
- Driveway
- On Street
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $20,853
- Tax year
- 2025
- Parcel number
- 01-31-25-019-3130
Listing
- MLS number
- A11980020
- Property type
- Single Family Residence
- Price per SqFt
- $1,015
- Subdivision
- WYND WOOD PARK
- On market since
- Mar 9, 2026
- Days on market
- 89
Estimated monthly cost
$9,141 per month
- Principal & interest (30 yr)
- $6,447
- Property tax
- $1,738
- Insurance (estimated)
- $956
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Young Men''s Preparatory Academy Senior High
- Eneida Massas Hartner Elementary
- Jose De Diego Middle
- Metropolitan International School of Miami
- Ebenezer Christian Academy
- Miami Arts Charter School
- Mater International Preparatory
- Mater Academy of International Studies
- Cherry Blossom Learning Center II
- Paul Laurence Dunbar K-8 Center
- Centner Academy - Preschool
- Care Elementary School
- Santa Clara Elementary
- MIA Piccolo Montessori School
- Creative Kidz Prepatory Academy LLC
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