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Multi-Family Development Land Opportunity
For Sale
$2,990,000

337 NW 31st St, Miami, FL 33127

COMMERCIAL - Miami, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market140

Property Features for 337 NW 31st St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 3900
Subdivision NORTHERN BLVD TRACK
Lot features <1 Acre
Directions Take I-95 and merge onto I-195 East. Take Exit 2B toward Miami Avenue. Turn right (south) onto North Miami Avenue. Continue south and turn right onto NW 31st Street. Property will be on your right at 337 NW 31st St, Miami, FL 33127.
Standard status Active
APN 01-31-25-024-0970
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description NORTHERN BLVD TR PB 2-29 LOT 19 BLK 5 LOT SIZE 50.000 X 144 OR 18158-0104 0598 1 COC 25774-2940 06 2007 5
Tax Annual Amount 19724
Legal Description NORTHERN BLVD TR PB 2-29 LOT 19 BLK 5 LOT SIZE 50.000 X 144 OR 18158-0104 0598 1 COC 25774-2940 06 2007 5

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: Related General Realty, LLC.
Listed By: Julio Ospina · License #3084003
Added: Mar 26 Changed: Aug 4 Last Checked: Aug 12 at 9:06PM
MLS# A11989849

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a residential development lot offered for sale in Miami-Dade County. According to the remarks, plans have been approved for a 24-unit project, with approvals already completed. Permits are currently in the final stage, and the project is noted as benefiting from a Wynwood Norte variance intended to allow higher density and flexible design.

The site is located at 337 NW 31st St, Miami, FL 33127. The offering is positioned around the Wynwood North area and presented as development-ready with the approval and permitting progress described in the listing materials.

For developers and builders evaluating near-term execution, the key consideration here is that the project is not starting from scratch. With approved plans for 24 units and permits in the final stage, the next steps focus on moving the permitting process through completion and bringing the approved design to build. This makes the lot most relevant for parties looking for a multi-family development pathway with documentation already underway, rather than land requiring concept-level approvals.

Key Highlights

  • Plans approved for a 24‑unit development (12 months of approvals already completed).
  • Permits are in final stage.
  • Public water available.

Property Analytics

Current Use

Commercial land

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
Turnkey business
Opportunity

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Land with approved plans for 24 units and permits nearing final stage for a future multi-family build.
Where is this commercial land located?
The property is located at 337 NW 31st St 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: Plans approved for a 24‑unit development (12 months of approvals already completed).; Permits are in final stage.; Public water available.
More about this property
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