287 NW 31st St
Overview
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
- MLS#A11980020
- Home TypeSingle Family Residence
- Year Built1930
- Interior1,256 SqFt
- Lot Size7,200 SqFt
- Price / sqft$1,015
- Listed2026-03-09
- Days on Market89
- BuildingWYND WOOD PARK
- SubdivisionWYND WOOD PARK
- CountyMiami-Dade County
- Annual Taxes$20,853 (2025)
Features & Amenities
- Interior FeaturesFirst Floor Entry, Family Room
- FlooringTile
- CoolingCentral Air
- HeatingCentral
- RoofShingle
- ConstructionConcrete Block Construction
- SecuritySmoke Detector
- ParkingCovered, Driveway, On Street
- Patio/PorchPatio
- CommunityNone
- ViewNone
- Architectural StyleAttached, One Story
- Water SourceMunicipal Water
- SewerPublic Sewer
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Map & Neighborhood
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