351 NW 31st StMiami, FL 33127

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

OneStory

Year built

1936

Living area

1,660 Sq Ft

Lot size

6,200 Sq Ft

Garage spaces

3

Days on market

140

MLS^® Listing#

A12037437

Property Features

Interior

Master Downstairs

Exterior

Awning(s)

Appliances

Dryer · Electric Range · Electric Water Heater · Refrigerator · Washer

Cooling

Central Air · Ceiling Fan(s)

Heating

Central

Flooring

Ceramic Tile

Pool

None

Parking

Detached Carport · On Street

Patio

Patio

Fencing

Fenced

Construction

Block

Roof

Shingle

Security

Smoke Detector(s)

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Hartner; Eneida

Financial Details

Annual taxes

$6,929Tax year 2025

Parcel number

01-31-25-024-0950