287 31st St, Miami, FL 33127

For Sale $1,800,000
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Description

7,200 sqft Lot Covered land play in coveted Wynwood Norte, this prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 16 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195. Property currently consists of a single family 3 beds and 1 bath and can generate approximately $3,000/m. Property is within walking distance of many entertainment, retail, hospitality, art galleries, and restaurants, including several Michelin-awarded restaurants. South of Design District and west of Mid-Town, the area is experiencing rapid growth, with hundreds of new developments coming to Wynwood Norte.

287 31St St, Miami, Fl 33127 | Floor Plans

  • Days On Market:
    15
    Listed:
    Sep 4, 2024
  • Size:
    1256 ft2 (117m2)
    Rooms:
    3
  • Bathrooms:
    1
    Baths Half:
    0
  • Terms:
    All Cash, Conventional, FHA, VA Loan
    Property Facing:
    South
  • Last Modification:
    1 month ago
     

Property Taxes and Assessment

  • Annual Tax
    $20,853
  • Tax Year
    2023
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    All Cash, Conventional, FHA, VA Loan

Property Features

Facts and features
Views
  • None
    • Interior Features
  • First Floor Entry
    Family Room
    • Parking
  • Covered
    Driveway
    On Street
    • Other Facts
    Heating
  • Central
    • Cooling
  • Central Air
    • Flooring
  • Tile
    • Roof
  • Shingle
    • Water Source
  • Municipal Water
    • Sewer
  • Public Sewer
    • Amenities
    Patio And Porch Features
  • Patio
    • Community Features
  • None
    • Architectural Style
  • Attached
    One Story
    • Structure Type
  • R30-No Pool/No Water
    House

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    Courtesy Of:Fausto Commercial Realty Consultants Inc