Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property rezoned from T3 to T4, allowing for the development of up to a 5-unit approx multifamily building. Situated in one of Miami's fastest-growing and most sought-after redevelopment corridors, this offering presents exceptional potential for developers and investors alike. Enjoy a strategic location with convenient access to major highways, vibrant dining and shopping destinations along 1st Avenue and North Miami Avenue, as well as nearby attractions such as Wynwood Walls, Design District and the thriving Wynwood District. Buyer is responsible for independently verifying zoning, allowable density, unit count, and all development potential with the City of Miami. Don't miss the chance to invest in an area experiencing remarkable growth and increasing demand.
For sale
$1,500,000
351 NW 31st St, Miami, FL 33127
3beds
1,660sqft
Single Family Residence
Built in 1936
6,200 Square Feet Lot
$-- Zestimate®
$904/sqft
$-- HOA
What's special
- 69 days |
- 99 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Stephanie Mora PA 305-244-4748,
Luxe Properties
Source: MIAMI,MLS#: A12037437
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Features
- Storage
- Flooring: Ceramic Tile
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,660 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport, Additional Spaces Available, On Street
- Garage spaces: 3
- Carport spaces: 1
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Awning(s), Patio
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Size: 6,200 Square Feet
- Features: Less Than 1/4 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Parcel number: 0131250240950
- Zoning: 3900
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Security: Smoke Detector
- Subdivision: Northern Blvd Track
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $904/sqft
- Tax assessed value: $907,216
- Annual tax amount: $6,929
- Date on market: 6/15/2026
- Listing terms: All Cash,Conventional,1031 Exchange
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $1,500,000+66.7%$904/sqft |
Source: | ||
| 12/28/2021 | Listing removed | -- |
Source: | ||
| 9/2/2021 | Price change | $900,000-25%$542/sqft |
Source: | ||
| 5/28/2021 | Listed for sale | $1,200,000$723/sqft |
Source: | ||
| 11/1/2019 | Listing removed | $1,200,000$723/sqft |
Source: Robert Slack LLC #A10566864 Report a problem | ||
| 11/9/2018 | Listed for sale | $1,200,000$723/sqft |
Source: Robert Slack Fine Homes LLC #A10566864 Report a problem | ||
| 5/13/2018 | Listing removed | $1,200,000$723/sqft |
Source: Fortune International Realty #A10277920 Report a problem | ||
| 1/26/2016 | Listed for sale | $1,200,000+4700%$723/sqft |
Source: SW Broward #A10022752 Report a problem | ||
| 11/1/1986 | Sold | $25,000$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,217 +2.8% | $420,846 +2.7% |
| 2024 | $7,022 -28.5% | $409,955 +70.3% |
| 2023 | $9,816 +48.9% | $240,715 +10% |
| 2022 | $6,594 +42.8% | $218,832 +37.5% |
| 2021 | $4,619 +6.2% | $159,154 +10% |
| 2020 | $4,350 +9% | $144,686 +10% |
| 2019 | $3,991 +9.1% | $131,533 +10% |
| 2018 | $3,659 | $119,576 +10% |
| 2017 | $3,659 +2.7% | $108,706 +10% |
| 2016 | $3,564 +26.5% | $98,824 +10% |
| 2015 | $2,818 +24.6% | $89,840 +10% |
| 2014 | $2,261 +13.5% | $81,673 +10% |
| 2013 | $1,993 | $74,249 +4% |
| 2012 | $1,993 -14.6% | $71,383 -16.9% |
| 2011 | $2,333 -22.6% | $85,872 -21.1% |
| 2010 | $3,015 -22.6% | $108,865 |
| 2006 | $3,897 +17% | -- |
| 2004 | $3,332 +17.3% | -- |
| 2003 | $2,840 +16.5% | -- |
| 2002 | $2,438 | -- |
| 2001 | $2,438 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Wynwood - Edgewater
Nearby schools
GreatSchools rating
- 3/10Eneida M. Hartner Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Hartner; Eneida
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $---- bd1 ba520 sqft351 NW 31st St #S3, Miami, FL 33127Off Market
Save 
- $1,975-- bd1 ba490 sqft351 NW 31st St #S1, Miami, FL 33127For Rent
Save 
- $769,4003 bd2 ba1.9k sqft347 NW 31st St, Miami, FL 33127Off Market
Save 
- $359,0001 bd1 ba401 sqft355 NW 31st St #107, Miami, FL 33127New Construction
Save 
- $368,0001 bd1 ba400 sqft355 NW 31st St #203, Miami, FL 33127New Construction
Save - $870,7003 bd2 ba1.2k sqft349 NW 31st St, Miami, FL 33127Off Market
Save - $1,354,9002 bd1 ba1k sqft337 NW 31st St, Miami, FL 33127Off Market
Save - $--3 bd3 ba1.3k sqft337 NW 31st St #C3, Miami, FL 33127Off Market
Save
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.





