351 31st Street, Miami, FL 33127

$1,500,000 — Active

Property Features

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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.

Property Details

  • Listing ID: A12037437
  • Status: Active
  • Listing Date: 2026-06-15
  • Property Type: Single Family Residence
  • Subdivision: NORTHERN BLVD TRACK
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Living Area Sq Ft: 1,660
  • Year Built: 1936

Financial

  • List Price: $1,500,000
  • HOA Fee: None
  • Taxes: $6,929/yr

Features & Amenities

  • Pets Allowed: Yes
  • Parking: Detached Carport, On Street, Carport
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Roof: Shingle
  • Interior Features: Storage
  • Exterior Features: Awning(s)
  • Community Amenities: None

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RAPB

© 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.