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T5-L Zoned Commercial Land
For Sale
$1,700,000

410 NW 31st Street, Miami, FL 33127

T5-L zoning accommodates residential, lodging, office, and general commercial uses within a growing urban corridor.

Property SizeContact for details
Days on Market175

Property Features for 410 NW 31st Street

General Information

Standard status Active
Property subtype Unimproved Land

Taxes and HOA fees

Annual Taxes $7,486
Listing Agency: FGI Realty
Listed By: Clara Ines Fernandez · License #3271984
Source: Silverleafrealtygroup
Added: Mar 3 Changed: Aug 24 Last Checked: Aug 25 at 12:25PM

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 FGI Realty

Investment Insights

Based on property information with market context.

This 0.1653-acre commercial land parcel includes an existing 7,200 SF structure with multiple rented units. The property carries T5-L zoning, supporting residential, hotel and lodging, office, and general commercial uses. Building requirements call for a minimum of 2 stories and allow up to 4 stories, providing a defined framework for future planning.

The property is located at 410 NW 31st Street in Miami’s Wynwood area. Nearby development includes new 3- to 4-story projects averaging 13 units, while technology firms have established offices in the surrounding area. The existing structure and rented units provide an operating component alongside the parcel’s redevelopment potential.

Key Highlights

  • T5‑L zoning allows residential, hotel/lodging, office, and general commercial uses
  • 7,200 SF +/- structure on 0.1653 Acres
  • Existing income‑producing structure with multiple rented units

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Bakery Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

2,936
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 - T5-L zoning accommodates residential, lodging, office, and general commercial uses within a growing urban corridor.
Where is this commercial land located?
The property is located at 410 NW 31st Street Miami, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: T5‑L zoning allows residential, hotel/lodging, office, and general commercial uses; 7,200 SF +/- structure on 0.1653 Acres; Existing income‑producing structure with multiple rented units
More about this property
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