ActiveMLS® A12037437

$1,500,000

351 NW 31st Street, Miami, FL 33127

Beds: 3
Baths: 2
Sqft: 1,660

Est. payment$9,111/mo

Home type: Single Family Residence
Year built: 1936
Lot size: 6,098 sqft
Price / sqft: $904
HOA: $0/mo
Community: NORTHERN BLVD TRACK

Property 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.

Listing activity

Days on market: 131
Listed: Jun 15, 2026
MLS listing updated: Jul 23, 2026
Feed last checked: 10 minutes ago

Listed by Stephanie Mora · Luxe Properties

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 1
Interior features: Storage
Flooring: Ceramic Tile
Appliances: Electric Water Heater, Dryer, Electric Range, Refrigerator, Washer

Heating & cooling

Heating: Central
Cooling: Ceiling Fan(s), Central Air

Property

Parking

Garage spaces: 3
Garage: Yes
Carport spaces: 1
Carport: Yes
Covered spaces: 4
Parking features: Carport, Detached Carport, On Street
Attached garage: No

Exterior

Stories: 1
Building area: 1,810 sqft
Entry level: 1
Patio & porch: Patio
Exterior features: Awning(s)
Fencing: Fenced
Pool: No
Waterfront: None
Waterfront property: No

Lot

Lot size: 6,098 sqft
Lot size (acres): 0.14 acres
Lot features: Fruit Tree(s)
Zoning: 3900

Construction

Type & style

Home type: Single Family Residence
Year built: 1936
New construction: No

Materials

Construction: CBS
Roof: Shingle
Property condition: Resale
Levels: One
Faces: South

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: NORTHERN BLVD TRACK
MLS area: 2310
Security: Smoke Detector(s)
Pets allowed: Yes
55+ community: No

Association

Has association: No
Estimated monthly dues: $0
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: A12037437
Possession: Close Of Escrow
Original list price: $1,500,000
Parcel number: 0131250240950
Annual property tax: $6,929
Tax year: 2025
Tax legal description: 25 53 41 NORTHERN BLVD TR PB 2-29 LOT 17 LESS N20FT BLK 5 LOT SIZE 50.000 X 124 OR 13112-274 1186 1

Additional MLS details

Reported by the listing source

Association Amenities: None
Association: No
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 1810
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 131
Direction Faces: South
Elementary School: Eneida Massas Hartner
High School: Booker T. Washington
List Price: 1500000
Listing Contract Date: 2026-06-15
Living Area: 1660
Lot Size Acres: 0.14
Lot Size Area: 6200
MLSArea Major: 2310
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-06-15
Patio And Porch Features: Patio
Photos Count: 19
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: 2026-06-15T04:00:00Z
Stories Total: 1
Subdivision Name: NORTHERN BLVD TRACK
Water Source: Public
Waterfront Features: None
Tax Annual Amount: 6929
Bathrooms Full: 2
Pool Private: No
Bedrooms Total: 3
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
Jun 15, 2026	ListedMIAMI REALTORS® MLS	$1,500,000$904/sqft

Public tax history

Year	Property taxes	Assessment
2025	$6,929	—

Payment calculator

Estimated monthly payment$9,111/moIllustrative estimate, not a loan offer.

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

Principal & interest: $7,783
Property taxes: $577
Insurance: $750
Association dues: $0

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

NORTHERN BLVD TRACK

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

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$368,0001 bd · 1 ba · 402 sqft355 NW 31st Street 203, Miami, FL 33127

$359,0001 bd · 1 ba · 401 sqft355 NW 31st Street 107, Miami, FL 33127