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Shovel-Ready Multifamily Development Land
For Sale
$2,990,000

337 Northwest 31st Street, Miami, FL 33127

Approved plans for a 24-unit multifamily project are in place, with permits in final stage at 337 NW 31st Street.

Property Size7,200 SF
Price / SF$415.28
Days on Market215

Property Features for 337 Northwest 31st Street

General Information

Standard status Active
Size 7,200 SF
Property subtype Land & Docks / Unimproved Land

Additional Details

Multifamily Units 24

Taxes and HOA fees

Annual Taxes $19,724

Amenities

No
Paved
Listing Agency: Related General Realty, LLC.
Listed By: Julio C Ospina · License #3084003
Source: Compass
Added: Jan 9 Changed: Aug 8 Last Checked: Jul 20 at 1:45PM

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 Related General Realty, LLC.

Investment Insights

Based on property information with market context.

This development site is positioned for a 24-unit multifamily project with plans approved and permits in the final stage. Project approvals have been completed over the past 12 months, and a full set of plans and project details is available upon request.

The property also benefits from the Wynwood Norte variance, which supports increased flexibility in design and density for the proposed development. The site is described as walkable to Midtown, Wynwood Walls, and the Design District.

For buyers seeking a coordinated development timeline, the project is advanced beyond early planning, with remaining permitting steps noted as currently pending.

Key Highlights

  • 337 NW 31st Street: approved plans for a 24‑unit multifamily project
  • Permits are in the final stage for the 24‑unit development
  • Over 12 months of planning and approvals already completed

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Buffet Nursing Home Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

5,073
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved plans for a 24-unit multifamily project are in place, with permits in final stage at 337 NW 31st Street.
Where is this residential land & home lot located?
The property is located at 337 Northwest 31st Street Miami, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 337 NW 31st Street: approved plans for a 24‑unit multifamily project; Permits are in the final stage for the 24‑unit development; Over 12 months of planning and approvals already completed
More about this property
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