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$1,675,000
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Property Description
This "AS IS" teardown presents a rare opportunity to acquire a prime redevelopment site in the heart of Wynwood Norte, one of Miami's most dynamic and rapidly evolving urban districts. This ±7,150 square foot lot is ideally suited for a boutique multifamily or mixed-use development under favorable T4-R / NRD-2 zoning, offering strong density potential and flexible design options. The property offers an excellent entry basis for developers seeking to capitalize on Wynwood's continued growth, rising rental demand, and limited remaining supply of buildable land.The site is positioned just minutes from the Wynwood Arts District, Midtown Miami, Design District, and major transportation corridors, making it highly desirable for future residents and end users. New construction in the area supports strong rental rates and long-term appreciation, creating a compelling development and exit strategy.This is an ideal opportunity for investors and developers looking to secure a strategic infill site in one of Miami's most sought-after urban neighborhoods.Feasibility Study and Offer Memorandom available upon request.
Full Property Details
Full Property Details for 145 NW 31st St
General
- Price: $1,675,000
- Taxes: $12,404 (2024)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11821788
- Updated: 12/16/2025
- Added to Site: 218 day(s) ago
Rental Information
- Approvals: Unapproved
Location
- Area: Prices Addn To St James P
- County: Miami-Dade County
- Subdivision: PRICES ADDN TO ST JAMES P
- Building Name: PRICES ADDN TO ST JAMES P
- Direction Faces: Northwest
Community
- Community Name: Prices Addn To St James P
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Property View: None
- Lot Size (Acres): 0.1642
- Lot Size (Sq. Ft.): 7,150
- Street/Road Desc.: Paved Road, Paved
- Lot Features: City Location, Less Than 1/4 Acre Lot, Fenced, Other, Sidewalk, Street Lights, Well
- Development Status: Unrecorded Plat
- Trees/Vegetation: Other Trees, Other Ground Cover
- Zoning: 3900
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $12,404
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial Photo
- Legal Description: PRICES ADD TO ST JAMES PARK PB 4-47 LOT 19 BLK B LOT SIZE 50.000 X 143 OR 18220-3675 0298 4
- Inclusions: None
- Property ID: 01-31-25-027-0410
Listed by Douglas Elliman
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Schools
Schools serving 145 NW 31st St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.4 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 NW 31st St
Date
Details
Price
Change
Source
10/21/2025
Price Reduced
$1,675,000
-9.46%
MLS
6/13/2025
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 145 NW 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,404
12%
$1,211,899
17%
2023
$11,100
87%
$1,033,460
174%
2021
$5,947
-13%
$376,675
-25%
2022
$6,834
15%
$502,814
28%
2021
$5,947
14%
$391,779
165%
2019
$5,236
-3%
$147,865
10%
2018
$5,414
24%
$134,423
-50%
2017
$4,368
14%
$267,886
141%
2016
$3,846
9%
$111,094
10%
2015
$3,515
22%
$100,995
10%
2014
$2,876
8%
$91,814
10%
2013
$2,651
—
$83,468
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 145 NW 31st St
145 NW 31st St, Miami, FL 33127 (MLS# A11821788) is a Land Residential property with a lot size of 0.1642 acres. 145 NW 31st St is currently listed for $1,675,000 and was received on June 13, 2025. Want to learn more about 145 NW 31st St? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

