$1,275,000

Single Family Residence In Miami

  • 3 Beds
  • 1 Baths
  • 1,256 Sqft
  • 7,200 Sqft lot
  • Updated: March 30
  • Source:
    MIAMI REALTORS MLS  MLS#A11980020

About the Property

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-19
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 type

    House

  • Floors

    1

  • Year built

    1930

  • Price/sqft

    $1,015

Features

  • Investment Property
  • Parking

Explore the Area

287 NW 31st St, Miami, Florida, United States View on Google Maps
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Fausto Commercial Realty Consultants Inc - Miami

Joined 9 months ago
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Fausto Commercial Realty Consultants Inc - Miami
Florida, United States
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26
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2025
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Fausto Commercial Realty Consultants Inc - Miami
Miami, Florida, United States
View agency profile
Last updated
March 30
First listed
Mar 11
Listing reference
A11980020
Listing status
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