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.
For sale
$1,275,000
287 NW 31st St, Miami, FL 33127
3beds
1,256sqft
Single Family Residence
Built in 1930
7,200 Square Feet Lot
$-- Zestimate®
$1,015/sqft
$-- HOA
What's special
- 120 days |
- 64 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Vicente Rodriguez 305-510-6627,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A11980020
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,256 sqft
Video & virtual tour
Property
Parking
- Parking features: Covered, Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Patio
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: None
Lot
- Size: 7,200 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131250193130
- Zoning: 3900
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Security: Smoke Detector
- Subdivision: Wynd Wood Park
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,015/sqft
- Tax assessed value: $995,565
- Annual tax amount: $20,853
- Date on market: 3/9/2026
- Listing terms: All Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listed for sale | $1,275,000-1.9%$1,015/sqft |
Source:  MIAMI #A11980020 Report a problem | ||
| 3/5/2026 | Listing removed | $1,300,000$1,035/sqft |
Source: MIAMI #A11873587 Report a problem | ||
| 1/8/2026 | Price change | $1,300,000-7.1%$1,035/sqft |
Source: MIAMI #A11873587 Report a problem | ||
| 12/2/2025 | Price change | $1,400,000-3.4%$1,115/sqft |
Source: MIAMI #A11873587 Report a problem | ||
| 9/6/2025 | Listed for sale | $1,450,000$1,154/sqft |
Source: MIAMI #A11873587 Report a problem | ||
| 9/5/2025 | Listing removed | $1,450,000$1,154/sqft |
Source: MIAMI #A11653436 Report a problem | ||
| 4/10/2025 | Price change | $1,450,000-9.4%$1,154/sqft |
Source: MIAMI #A11653436 Report a problem | ||
| 2/27/2025 | Price change | $1,600,000-11.1%$1,274/sqft |
Source: MIAMI #A11653436 Report a problem | ||
| 9/4/2024 | Listed for sale | $1,800,000$1,433/sqft |
Source: MIAMI #A11653436 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,279 -0.2% | $995,565 0% |
| 2024 | $20,328 -2.5% | $995,756 0% |
| 2023 | $20,853 +3359.8% | $995,949 +1663.7% |
| 2022 | $603 -0.4% | $56,468 +3% |
| 2021 | $605 -0.2% | $54,824 +1.4% |
| 2020 | $606 +1.2% | $54,068 +2.3% |
| 2019 | $599 +3.2% | $52,853 +1.9% |
| 2018 | $580 | $51,868 +2.1% |
| 2017 | $580 -0.1% | $50,802 +2.1% |
| 2016 | $581 -37.1% | $49,758 +0.7% |
| 2015 | $923 -0.2% | $49,413 +0.8% |
| 2014 | $925 +4.1% | $49,021 +1.5% |
| 2013 | $888 | $48,297 +1.7% |
| 2012 | $888 +3.3% | $47,490 +3% |
| 2011 | $860 -1.6% | $46,107 +1.5% |
| 2010 | $874 +8.3% | $45,426 +2.7% |
| 2009 | $807 +11.9% | $44,232 +147.1% |
| 2007 | $722 -6.2% | $17,901 |
| 2006 | $769 | -- |
| 2005 | $769 +0.5% | -- |
| 2004 | $765 +4.9% | -- |
| 2003 | $730 +5.6% | -- |
| 2002 | $691 | -- |
| 2001 | $691 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Wynwood - Edgewater
Nearby schools
GreatSchools rating
- 3/10Eneida M. Hartner Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Miami-Dade County
- Miami
- 33127
- Wynwood - Edgewater
- 287 NW 31st St
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Nearby neighborhoods
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