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Slice RealtyPropiedad Futura

$1,275,000

3 bd · 1 ba · 1,256 sq ft · Single Family Residence

287 NW 31st St, Miami FL 33127

For Sale · Active listing

Est. payment $7,062/mo · Mortgage calculator

Listed by Fausto Commercial Realty Consultants Inc / Vicente Rodriguez

Contact: 305-510-6627 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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.

Facts
MLS #
A11980020
Subdivision
WYND WOOD PARK
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
1,256
Price per sq. ft.
$1,015 / sq ft
Year built
1930
Days on market
89
County
Miami-Dade County
Date listed
Mar 9, 2026
Last updated
Mar 11, 2026
Financial considerations
Taxes
$20,853 (2025)
Exterior features
Waterfront
No
View
None
Construction
Concrete Block Construction
Roof
Shingle
Interior features
Heating
Central
Cooling
Central Air
Additional features
First Floor Entry, Family Room
Additional features
Security
Smoke Detector
Community
None

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.

Loan amount$1,020,000
Total cost of mortgage$2,542,419
Monthly payment$7,062

Local context (our analysis)

171 homes and condos are listed for sale in Wynwood, at a median list price of $845,000 and $894 per sq ft. This home asks $1,015 per sq ft.

8 active listings at Wynd Wood Park

Wynwood market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Mar 10, 2026, 8:00 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.