Wynwood Norte Development
For Sale
Contact for pricing
287 NW 31st St, Miami, FL 33127
7,200 sqft lot ideal for development in Wynwood Norte.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market709
Property Features for 287 NW 31st St
General Information
Standard status
Active
Lot size
0.17 Acres
Property subtype
Land, Multifamily
Zoning
T4-R
Investment Type
Redevelopment
Building Details
Year Built
1930
Stories
1
Listing Agency:
Fausto Commercial
(305) 510-6627
Listed By:
Robin Perez · License #3613905
Source:
Crexi
Added: Sep 4, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:07AM
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 Fausto Commercial
Investment Insights
Based on property information with market context.
This 7,200 sqft property is located in Wynwood Norte and features T-4R zoning with an NRD-2 Overlay. The zoning allows for the construction of up to 16 units without parking requirements. The site is also suitable for luxury townhomes. Currently, the property includes a single-family home with 3 bedrooms and 1 bathroom, generating approximately $3,000 per month. Situated near Wynwood, Midtown, and the Design District, the location is close to I-95 and I-195. The property is within walking distance of entertainment venues, retail shops, hospitality services, art galleries, and restaurants, including several Michelin-awarded establishments. Located south of the Design District and west of Midtown, the area is experiencing rapid growth. Hundreds of new developments are planned for Wynwood Norte, following the expansion of Wynwood, which currently features over 6,000 residential units and 2 million square feet of office space.
Key Highlights
- Prime investment property in Wynwood Norte with T‑4R zoning and NRD‑2 Overlay, allowing construction of up to 16 units without parking requirements.
- 7,200 sqft lot suitable for multi‑family development or luxury townhomes.
- Strategic location near Wynwood, Midtown, and Design District, with easy access to I‑95 and I‑195.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,683
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 - 7,200 sqft lot ideal for development in Wynwood Norte.
Where is this residential land & home lot located?
The property is located at 287 NW 31st St Miami, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime investment property in Wynwood Norte with T‑4R zoning and NRD‑2 Overlay, allowing construction of up to 16 units without parking requirements.; 7,200 sqft lot suitable for multi‑family development or luxury townhomes.; Strategic location near Wynwood, Midtown, and Design District, with easy access to I‑95 and I‑195.
