$1,500,000
3 bd · 2 ba · 1,660 sq ft · Single Family Residence
351 NW 31st St, Miami FL 33127
For Sale · Active listing
Est. payment $8,243/mo · Mortgage calculator
Listed by Luxe Properties / Stephanie Mora
Contact: 305-244-4748 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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.
Facts
- MLS #
- A12037437
- Subdivision
- NORTHERN BLVD TRACK
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 1,660
- Price per sq. ft.
- $904 / sq ft
- Year built
- 1936
- Days on market
- 38
- County
- Miami-Dade County
- Date listed
- Jun 15, 2026
- Last updated
- Jul 23, 2026
Financial considerations
- Taxes
- $6,929 (2025)
Exterior features
- Waterfront
- No
- View
- None
- Construction
- CBS Construction
- Roof
- Shingle
- Additional features
- Fruit Trees
Interior features
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Additional features
- First Floor Entry, Family Room, Storage
Additional features
- Security
- Smoke Detector
- Community
- None
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
171 homes and condos are listed for sale in Wynwood, at a median list price of $825,000 and $894 per sq ft. This home asks $904 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Jul 22, 2026, 10:43 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.