351 NW 31st St
Miami, FL 33127
$1,500,000
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 ID: | A12037437 |
|---|---|
| List Price: | $1,500,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 0 |
| Living Area: | 1,660 |
| Tax Annual Amount: | $6,929 |
| Lot Size Square Feet: | 6,200 |
| Architectural Style: | Attached, One Story |
| Waterfront?: | No |
| City: | Miami |
| County Or Parish: | Miami-dade County |
| Subdivision Name: | Northern Blvd Track |
| Postal Code: | 33127 |
| Year Built: | 1936 |
| Appliances: | Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer |
| Building Name: | NORTHERN BLVD TRACK |
| Cooling: | Ceiling Fan(s), Central Air |
| Elementary School: | Hartner; Eneida |
| Exterior Features: | Fruit Trees |
| Fencing: | Fenced |
| Flooring: | Ceramic Floor |
| Garage Spaces: | 3 |
| Heating: | Central |
| Interior Features: | First Floor Entry, Family Room, Storage |
| Listing Contract Date: | 2026-06-15 |
| Lot Features: | Less Than 1/4 Acre Lot |
| Status: | Active |
| Parking Features: | Detached Carport, Additional Spaces Available, On Street |
| Parking Total: | 3 |
| Postal Code Plus4: | 3739 |
| Rooms Total: | 0 |
| Sewer: | Public Sewer |
| State Or Province: | FL |
| Water Source: | Municipal Water |
| Bathrooms Total Integer: | 2 |
| Building Area Total: | 1810 |
| Building Area Units: | Square Feet |
| Carport Spaces: | 1 |
| Carport?: | Yes |
| Community Features: | None |
| Construction Materials: | CBS Construction |
| Cooling?: | Yes |
| Covered Spaces: | 4 |
| Direction Faces: | South |
| Garage?: | Yes |
| Heating?: | Yes |
| Inclusions: | None |
| Listing Terms: | All Cash, Conventional, Exchange |
| Living Area Units: | Square Feet |
| Lot Size Units: | Square Feet |
| MLS Area Major: | Northern Blvd Track |
| Open Parking?: | Yes |
| Original List Price: | $1,500,000 |
| Parcel Number: | 01-31-25-024-0950 |
| Patio And Porch Features: | Awning(s), Patio |
| Public Survey Range: | 31 |
| Public Survey Section: | 25 |
| Public Survey Township: | 31 |
| Roof: | Shingle |
| Security Features: | Smoke Detector |
| Structure Type: | R30-No Pool/No Water, House |
| Tax Year: | 2025 |
| View: | None |
| Year Built Details: | Resale |
| Zoning: | 3900 |
| Adjusted Area Sf: | 1,500 |
| AreaMiamire Area: | 31 |
| Lp Amt Sq Ft: | $903.61 |
| Ok To Advertise ListMiamire Ok To Advertise List: | Yes - Attribution NOT Required |
| Pets Allowed Yn: | Yes |
| Ratio Current Price By Sqft: | $903.61 |
| RestrictionsMiamire Restrictions: | No Restrictions, Ok To Lease |
| StyleMiamire Style: | R30-No Pool/No Water |
| Subdivision InformationMiamire Subdivision Information: | No Subdiv/Park Info |
| Type Of AssociationMiamire Typeof Association: | None |
| Room Bedroom Features: | Entry Level |
| Room Living Room Features: | Family Room, Storage Room |
Listing Courtesy of: Luxe Properties
305-244-4748
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Copyright 2026 MIAMI REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIAMI REALTORS® MLS data last updated on October 08, 2026 05:19 PM - ET
Property Last Updated: October 08, 2026 05:19 PM - ET
