For sale

$1,275,000

287 NW 31st St, Miami, FL 33127

3beds

1,256sqft

$8,375/mo

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Single Family Residence

Built in 1930

7,200 Square Feet Lot

$-- Zestimate^®

$1,015/sqft

$-- HOA

What's special

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.

166 days

76

3

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

View 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

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	--