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 Provided Courtesy of Luxe Properties at 305-809-7650
Property Details
Price:
$1,500,000
MLS #:
A12037437
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
NORTHERN BLVD TRACK
Neighborhood:
2310
Listed Date:
Jul 22, 2026
Finished Sq Ft:
1,660
Total Sq Ft:
1,810
Lot Size:
270,072,000 sqft / 0.14 acres (approx)
Year Built:
1936
See this Listing
Schools
Elementary School:
Eneida Massas Hartner
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Appliances
Electric Water Heater, Dryer, Electric Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Ceramic Tile
Heating
Central
Interior Features
Storage
Levels
One
Exterior
Association Amenities
None
Construction Materials
CBS
Covered Spaces
4
Direction Faces
South
Exterior Features
Awning(s)
Fencing
Fenced
Garage Spaces
3
Lot Features
Fruit Tree(s)
Parking Features
Carport, Detached Carport, On Street
Patio And Porch Features
Patio
Roof
Shingle
Security Features
Smoke Detector(s)
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$6,929
Map
Community
- Address351 NW 31st Street Miami FL
- SubdivisionNORTHERN BLVD TRACK
- CityMiami
- CountyMiami-Dade
- Zip Code33127
Market Summary
Current real estate data for Single Family in Miami as of Oct 29, 2026
2,924
Single Family Listed
46
Avg DOM
563
Avg $ / SqFt
$1,439,964
Avg List Price
Property Summary
- Located in the NORTHERN BLVD TRACK subdivision, 351 NW 31st Street Miami FL is a Single Family for sale in Miami, FL, 33127. It is listed for $1,500,000 and features 3 beds, 2 baths, and has approximately 1,660 square feet of living space, and was originally constructed in 1936. The current price per square foot is $904. The average price per square foot for Single Family listings in Miami is $563. The average listing price for Single Family in Miami is $1,439,964.
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351 NW 31st Street
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