Single Family Residence

351 NW 31st St

351 NW 31st St, Miami FL 33127 Get directions

$1,500,000

For Sale

3 Beds · 2 Baths · 1,660 SqFt

See estimated monthly cost

This listing is courtesy of Luxe Properties. Stephanie Mora

Overview

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 experiencing remarkable growth and increasing demand.

Facts & features

Interior

Living area (sq ft)
1,660
Full bathrooms
2
  • First Floor Entry
  • Family Room
  • Storage

Building & exterior

Year built
1936
Lot size (sq ft)
6,200
Garage spaces
3
Covered spaces
4
  • None
  • Fruit Trees
  • Detached Carport
  • Additional Spaces Available
  • On Street

HOA (homeowners association)

Pets allowed
Yes
  • No Restrictions
  • Ok To Lease

Taxes

Annual tax
$6,929
Tax year
2025
Parcel number
01-31-25-024-0950

Assigned schools

Elementary
Hartner; Eneida

Listing

MLS number
A12037437
Property type
Single Family Residence
Price per SqFt
$904
Subdivision
NORTHERN BLVD TRACK
On market since
Jun 15, 2026
Days on market
38

Estimated monthly cost

$9,287 per month

Principal & interest (30 yr)
$7,585
Property tax
$577
Insurance (estimated)
$1,125

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

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Nearby schools

  • Jose De Diego Middle Public · 6-8 · 0.08 mi
  • Eneida Massas Hartner Elementary Public · PK-5 · 0.12 mi
  • Young Men''s Preparatory Academy Senior High Public · 6-12 · 0.21 mi
  • Metropolitan International School of Miami Private · PK-08 · 0.34 mi
  • Mater International Preparatory Charter · 6-9 · 0.45 mi
  • Mater Academy of International Studies Charter · K-5 · 0.45 mi
  • Ebenezer Christian Academy Private · PK-12 · 0.54 mi
  • Miami Arts Charter School Charter · 6-12 · 0.56 mi
  • Santa Clara Elementary Public · PK-5 · 0.64 mi
  • Paul Laurence Dunbar K-8 Center Public · PK-8 · 0.65 mi
  • Cherry Blossom Learning Center II Private · PK-KG · 0.74 mi
  • Centner Academy - Preschool Private · PK-KG · 0.76 mi
  • Care Elementary School Private · KG-06 · 0.76 mi
  • Creative Kidz Prepatory Academy LLC Private · PK-05 · 0.76 mi
  • Step By Step Preparatory School LLC Private · PK-03 · 0.77 mi

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