Triplex in 145 NW 31st Street, Miami, FL 33127 for sale with MLS# A12080413

Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 22 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.

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Days on the market

145 NW 31st Street, Miami, FL 33127

Price
Price:
$1,455,000.00
Original List Price:
$1,455,000.00
List Price per Sq Ft (Calculated, Approx.):
$721.01
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
New Listing
Last Major Update on:
August 31, 2026 4:00 am
Measures
Living Area:
2,018 Sqft
Built-Up Area:
2,202 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Electric, Separate Meters
Construction
Year Built:
1925
Roof:
Concrete
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block, CBS
Flooring:
Ceramic Tile
Number of stories:
1
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$12,404.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
PRICES ADDN TO ST JAMES P
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
PRICES ADD TO ST JAMES PARK PB 4-47 LOT 19 BLK B LOT SIZE 50.000 X 143 OR 18220-3675 0298 4
Real Estate Folio Number (Parcel Number):
0131250270410
Zoning:
3900
Public Schools Assigned
Elementary School:
Phillippi Shores Elementary
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
August 31, 2026
Listing Agreement executed on:
August 31, 2026
Listing Status Last Changed On:
August 31, 2026 4:00 am
Photos updated on:
August 31, 2026 9:01 pm
Last Modified:
August 31, 2026 9:04 pm
Additional Information
Courtesy of:
JFA Realty Co
Attribution:
Not provided
Location
Street Name:
31st
Street Number:
145
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 21.6''
Longitude:
W81° 48' 6.5''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.