For sale

$1,500,000

351 NW 31st St, Miami, FL 33127

3beds

1,660sqft

$10,352/mo

Get pre-qualified

Single Family Residence

Built in 1936

6,200 Square Feet Lot

$-- Zestimate^®

$904/sqft

$-- HOA

What's special

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.

114 days
158
2

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

View 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
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

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/16/2026	Listed for sale	$1,500,000+66.7%$904/sqft
Source: MIAMI #A12037437 Report a problem
12/28/2021	Listing removed	--
Source: MIAMI #A11049337 Report a problem
9/2/2021	Price change	$900,000-25%$542/sqft
Source: MIAMI #A11049337 Report a problem
5/28/2021	Listed for sale	$1,200,000$723/sqft
Source: MIAMI #A11049337 Report a problem
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	--