ActiveMLS® A11980020

$1,275,000

287 NW 31st Street, Miami, FL 33127

Beds: 3
Baths: 1
Sqft: 1,256

Est. payment$8,991/mo

Home type: Single Family Residence
Year built: 1930
Lot size: 7,405 sqft
Price / sqft: $1,015
HOA: —
Community: WYND WOOD PARK

Property description

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.

Listing activity

Days on market: 228
Listed: Mar 9, 2026
MLS listing updated: Jul 15, 2026
Feed last checked: 5 minutes ago

Listed by Vicente Javier Rodriguez · Fausto Commercial Realty Consultants Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 1
Flooring: Tile

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Covered, Driveway, On Street
Attached garage: No

Exterior

Stories: 1
Building area: 1,280 sqft
Entry level: 1
Patio & porch: Patio
Pool: No
Waterfront property: No

Lot

Lot size: 7,405 sqft
Lot size (acres): 0.17 acres
Zoning: 3900

Construction

Type & style

Home type: Single Family Residence
Year built: 1930

Materials

Construction: Block
Roof: Shingle
Levels: One
Faces: South

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: WYND WOOD PARK
MLS area: 2310
Security: Smoke Detector(s)
55+ community: No

Association

Has association: No
Amenities: None

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33127

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11980020
Possession: Negotiable
Original list price: $1,275,000
Parcel number: 0131250193130
Annual property tax: $20,853
Tax year: 2025
Tax legal description: 25 53 41 WYNDWOOD PARK PB 5-23 LOT 11 BLK 16 LOT SIZE 50.000 X 144 OR 11056-536 0381 1

Additional MLS details

Reported by the listing source

Association Amenities: None
Association: No
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 1280
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 228
Direction Faces: South
Elementary School: Eneida Massas Hartner
High School: Booker T. Washington
List Price: 1275000
Listing Contract Date: 2026-03-09
Living Area: 1256
Lot Size Acres: 0.17
Lot Size Area: 7200
MLSArea Major: 2310
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-03-09
Patio And Porch Features: Patio
Photos Count: 30
Postal Code: 33127
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 1
Security Features: Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-09T04:00:00Z
Stories Total: 1
Subdivision Name: WYND WOOD PARK
Water Source: Public
Tax Annual Amount: 20853
Bathrooms Full: 1
Pool Private: No
Bedrooms Total: 3
Waterfront: No
Bathrooms Half: 0

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 9, 2026	ListedMIAMI REALTORS® MLS	$1,275,000$1,015/sqft

Public tax history

Year	Property taxes	Assessment
2025	$20,853	—

Payment calculator

Estimated monthly payment$8,991/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $6,616
Property taxes: $1,738
Insurance: $638
Association dues: —

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

WYND WOOD PARK

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Eneida Massas HartnerElementary

—

Jose De DiegoMiddle

—

Booker T. WashingtonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes