Zoned Residential Development
For Sale
$5,600,000
107 Nw 31st St, Miami, FL 33127
Residential development land zoned for up to 6 stories with approved waiver for 72 units.
Property Size21,450 SF
Price / SF$261.07
Days on Market65
Property Features for 107 Nw 31st St
General Information
Standard status
Active
Size
21,450 SF
Property subtype
Land
Zoning
T4-R NRD-2
Additional Details
Multifamily Units
72
Taxes and HOA fees
Annual Taxes
$72,958
Building Details
Stories
6
Listing Agency:
Metro 1
(954) 864-6274
Listed By:
Juan Andres Nava · License #3272621
(954) 864-6274
Source:
Exprealty
Added: Jun 9
Changed: Aug 8
Last Checked: Jul 20 at 10:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro 1
Investment Insights
Based on property information with market context.
A 21,450 SF residential development parcel offered for sale, zoned T4-R NRD-2. The zoning provides for up to 150 units per acre and 6 stories with bonuses, with a waiver currently approved for 72 units.
The property is located one block north of Wynwood Plaza, which houses Amazon Miami offices. This proximity may support a range of high-density residential development plans consistent with the approved entitlements.
The property is located one block north of Wynwood Plaza, which houses Amazon Miami offices. This proximity may support a range of high-density residential development plans consistent with the approved entitlements.
Key Highlights
- Residential development land zoned T4‑R (NRD‑2), allowing up to 6 stories with bonuses
- Zoning permits 150 units per acre (per provided remarks)
- Waiver approved for 72 units (currently approved)
Property Analytics
Property Profile
Current Use
Lease Details
72
Residential units
Location Intelligence
Trade Area within ½ mile
7,612
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development land zoned for up to 6 stories with approved waiver for 72 units.
Where is this residential land & home lot located?
The property is located at 107 Nw 31st St Miami, FL.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Residential development land zoned T4‑R (NRD‑2), allowing up to 6 stories with bonuses; Zoning permits 150 units per acre (per provided remarks); Waiver approved for 72 units (currently approved)
