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$1,275,000
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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.
Full Property Details
Full Property Details for 287 NW 31st St
General
- Price: $1,275,000
- Taxes: $20,853 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11980020
- Updated: 3/10/2026
- Added to Site: 21 day(s) ago
Interior
- Interior Features: First Floor Entry, Family Room
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Family Room Sq. Ft.
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Deck/Patio: Patio
Parking
- Parking Features: Covered, Driveway, On Street
Location
- Area: Wynd Wood Park
- County: Miami-Dade County
- Subdivision: WYND WOOD PARK
- Building Name: WYND WOOD PARK
- Direction Faces: South
Community
- Community Name: Wynd Wood Park
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Building Size: 1280
- Square Feet: 1,256
- Living Area: 1,256 Sq. Ft.
- Year Built: 1930
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 7,200
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $1,015.13
- Tax Amount: $20,853
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- 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
- Restrictions: No Restrictions
- Property ID: 01-31-25-019-3130
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 287 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 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.2 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 287 NW 31st St
Date
Details
Price
Change
Source
3/09/2026
Listed
$1,275,000
—
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 287 NW 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,279
—
$995,565
—
2024
$20,328
-3%
$995,756
—
2023
$20,853
3347%
$995,949
1717%
2021
$605
—
$54,824
-3%
2022
$603
—
$56,468
4%
2021
$605
1%
$54,068
2%
2019
$599
3%
$52,853
2%
2018
$580
—
$51,868
2%
2017
$581
—
$50,802
2%
2016
$583
-37%
$49,758
1%
2015
$923
—
$49,413
1%
2014
$925
2%
$49,021
1%
2013
$908
—
$48,297
—
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 287 NW 31st St
287 NW 31st St, Miami, FL 33127 (MLS# A11980020) is a Single Family property with 3 bedrooms and 1 full bathroom. 287 NW 31st St is currently listed for $1,275,000 and was received on March 09, 2026. Want to learn more about 287 NW 31st St? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

