Ursula Froes - Arterra Realty Logo
$1,500,000
 $8,052 est/mo Sourced by Back At You

351 NW 31st Street,Miami, FL 33127

Miami, FL 33127

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Description

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.

Details

MLS #A12037437
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1936
Days On Site117
Listing Provided ByLuxe Properties | Stephanie Mora

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,660
Garage3
Car PortYes
Story(s)1
Zoning3900
Acreage0.14

Exterior

Lot FeaturesFruit Trees

Parking

Garage Yes / NoYes
Parking FeaturesCarport, Detached Carport, On Street

Taxes

Tax Annual Amount6929

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameNORTHERN BLVD TRACK
Listing VS Median (in NORTHERN BLVD TRACK)
Price:
$1,500,000
low | high
Med:
$674,650
100% of Average
sqft:
1,660
low | high
Med:
655
100% of Average
$ / sqft:
$904
low | high
Med:
$1,041
34.824137384802% of Average
On site:
117
low | high
Med:
108.5
100% of Average
Sourced by Back At You

Market Activity 33127

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Additional Information

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Learn More About This Property

Ursula Froes

Ursula Froes

Arterra

 (248) 252-0075ursula@arterraluxe.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameNORTHERN BLVD TRACK
Listing VS Median (in NORTHERN BLVD TRACK)
Price:
$1,500,000
low | high
Med:
$674,650
100% of Average
sqft:
1,660
low | high
Med:
655
100% of Average
$ / sqft:
$904
low | high
Med:
$1,041
34.824137384802% of Average
On site:
117
low | high
Med:
108.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.125M - $1.875M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
3181 NW 5th Avenue Property Photo 1
$1,199,000
3181 Nw 5th Avenue
Miami, FL 33127
287 NW 31st Street Property Photo 1
$1,275,000
287 Nw 31st Street
Miami, FL 33127
3223 NW 5th Avenue W-607 Property Photo 1
$1,665,000
3223 Nw 5th Avenue W-607
Miami, FL 33127
Listing Updated: September 29, 2026 at 12:27:57 AM PDT