Home in 351 NW 31st Street, Miami, FL 33127 for sale with MLS# A12037437
Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property rezoned from T3 to T4, allowing for the development of up to a 5-unit approx multifamily building. Situated in one of Miami's fastest-growing and most sought-after redevelopment corridors, this offering presents exceptional potential for developers and investors alike. Enjoy a strategic location with convenient access to major highways, vibrant dining and shopping destinations along 1st Avenue and North Miami Avenue, as well as nearby attractions such as Wynwood Walls, Design District and the thriving Wynwood District. Buyer is responsible for independently verifying zoning, allowable density, unit count, and all development potential with the City of Miami. Don't miss the chance to invest in an area experiencing remarkable growth and increasing demand.
351 NW 31st Street, Miami, FL 33127
- Price:
- $1,500,000.00
- Original List Price:
- $1,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $903.61
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 15, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 3
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Family Room
- Master Bedroom Bath:
- Bedroom On Entry Level
- Living Area:
- 1,660 Sqft
- Built-Up Area:
- 1,810 Sqft
- Lot Features:
- Fruit Tree(s)
- Lot Size Acres:
- 0.14
- Waterfront:
- No
- Security:
- Smoke Detector(s)
- Appliances:
- Dryer, Refrigerator, Washer, Electric Range, Electric Water Heater
- Interior:
- Storage
- Exterior:
- Awning(s)
- Patio and Porch:
- Patio
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central
- Fence:
- Fenced
- Property Entrance Faces:
- South
- Year Built:
- 1936
- Roof:
- Shingle
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $6,929.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 3
- Carport Spaces:
- 1
- Covered Spaces:
- 4
- Parking Features:
- On Street, Detached Carport, Carport
- Carport
- Sewer:
- Public Sewer
- Water Source:
- Public
- Pets Allowed?
- Subdivision Name:
- NORTHERN BLVD TRACK
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 25 53 41 NORTHERN BLVD TR PB 2-29 LOT 17 LESS N20FT BLK 5 LOT SIZE 50.000 X 124 OR 13112-274 1186 1
- Real Estate Folio Number (Parcel Number):
- 0131250240950
- Zoning:
- 3900
- Elementary School:
- Watkins
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- June 15, 2026
- Listing Agreement executed on:
- June 15, 2026
- Listing Status Last Changed On:
- June 15, 2026 4:00 am
- Photos updated on:
- July 23, 2026 2:47 am
- Last Modified:
- July 23, 2026 2:48 am
- Courtesy of:
- Luxe Properties
- Attribution:
- Not provided
- Street Name:
- 31st
- Street Number:
- 351
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33127
- County:
- Miami-Dade
- Latitude:
- N25° 48' 21''
- Longitude:
- W81° 47' 51.4''
- Street Suffix:
- Street
- Street Direction Prefix:
- NW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami