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351 NW 31st St, Miami FL 33127

House For Sale
$1,500,000

BTC: 23.92344498

ETH: 940.62168823

22 days
3 bds
2 ba
1,660 sqft

Overview

Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property recently rezoned from T3 to T4, allowing for the development of up to a 19-unit 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 and the thriving Wynwood District. Don't miss the chance to invest in an area experiencing remarkable growth and increasing demand.

Location

Florida Miami 33127 House For Sale

Details

Type:
Residential
Parking:
Detached Carport / Additional Spaces Available / On Street
Year Built:
1936
Lot:
6200 Square Feet
Heating:
Central
Price/sqft:
$904
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,050,000
$496K – $1.5M
Confidence Low
List vs. estimate
$450K above estimate
List $1,500,000 · +42.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$903
+92.0% vs. city median $470
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $6.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,929
2025
View
None
Garage
3 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Family Room

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Detached Carport

    • Additional Spaces Available

    • On Street

    Property

    • Exterior Features: Fruit Trees

    Lot

    • Lot: 6200 Square Feet

    Other Property Information

    • Parcel Number: 01-31-25-024-0950

    • Zoning: 3900

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $6,929

  • Source details

    • MLS ID: A12037437

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Awning(s) / Patio

    • Direction Faces: South

    • Architectural Style: Attached / One Story

    • Garage Spaces: 3

    • Garage: Yes

    • Living Area: 1660

    • Water Source: Municipal Water

    • Subdivision Name: NORTHERN BLVD TRACK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties