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
Price:
$1,275,000
MLS #:
A11980020
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WYND WOOD PARK
Neighborhood:
wyndwoodpark
Listed Date:
Mar 9, 2026
Finished Sq Ft:
1,256
Total Sq Ft:
1,280
Year Built:
1930
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
First Floor Entry, Family Room
Exterior
Architectural Style
Attached, One Story
Community Features
None
Construction Materials
Concrete Block Construction
Direction Faces
South
Lot Features
Less Than 1/4 Acre Lot
Open Parking YN
1
Parking Features
Covered, Driveway, On Street
Patio And Porch Features
Patio
Roof
Shingle
Security Features
Smoke Detector
View
None
Financial
Tax Year
2025
Taxes
$20,853
Map
Community
- Address287 NW 31st St Miami FL
- SubdivisionWYND WOOD PARK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Single Family in Miami as of Jun 12, 2026
3,511
Single Family Listed
138
Avg DOM
585
Avg $ / SqFt
$1,702,585
Avg List Price
Property Summary
- Located in the WYND WOOD PARK subdivision, 287 NW 31st St Miami FL is a Single Family for sale in Miami, FL, 33127. It is listed for $1,275,000 and features 3 beds, 1 baths, and has approximately 1,256 square feet of living space, and was originally constructed in 1930. The current price per square foot is $1,015. The average price per square foot for Single Family listings in Miami is $585. The average listing price for Single Family in Miami is $1,702,585. To schedule a showing of MLS#a11980020 at 287 NW 31st St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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