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287 NW 31st Street, Miami, FL - photo 1

$1,275,000

287 NW 31st Street

Miami, FL 33127

Estimated payment $7,022/month

HOA not listed, not included · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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3Beds
1Baths
1,256Sq Ft
$1015Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

Built in 1930
7,405 sqft Lot

About This Home

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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:1
  • •Full bathrooms:1
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,256 sqft
  • •Total interior livable area:1,256 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:7,405 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1930

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Price history

DateEventPrice
2026-03-09T00:00:00.000ZListed for sale$1,275,000$1015/sqft

Listing Agent

Vicente Javier Rodriguez

Fausto Commercial Realty Consultants Inc

Brokerage Phone: 786-748-7373

Source: Beaches MLS · MLS #A11980020

Data Powered by Home Junction, Inc.

Nearby

Schools

ENEIDA M. HARTNER ELEMENTARY SCHOOL

Elementary · 0.1 mi

YOUNG MEN'S PREPARATORY ACADEMY

High · 0.1 mi

JOSE DE DIEGO MIDDLE SCHOOL

High · 0.2 mi

Supermarkets

La Guardia Produce

0.2 mi

Elia Cafe & Mediterranean Products

0.3 mi

Vgan Corner

0.4 mi

Dining

La Famosa Cafeteria

0.1 mi

El Bajareque

0.3 mi

Paniagua Chimi Dogs

0.3 mi

Parks

José de Diego Park

0.2 mi

Roberto Clemente Park

0.3 mi

Rainbow Village Park

0.7 mi

Beaches

Hobie Island Beach

4.1 mi

Hobie Island Beach Park

4.5 mi

14th Street Beach

4.8 mi

Nearby amenity locations include data © OpenStreetMap contributors.