287 31st Street, Miami, FL 33127

$1,275,000 — Active

Property Features

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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.

Property Details

  • Listing ID: A11980020
  • Status: Active
  • Listing Date: 2026-03-09
  • Property Type: Single Family Residence
  • Subdivision: WYND WOOD PARK
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Living Area Sq Ft: 1,256
  • Year Built: 1930

Financial

  • List Price: $1,275,000
  • HOA Fee: None
  • Taxes: $20,853/yr

Features & Amenities

  • Parking: Covered, Driveway, On Street
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • Construction: Block
  • Roof: Shingle
  • Community Amenities: None

Courtesy of Fausto Commercial Realty Consultants Inc
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.