287 NW 31st St

Miami, FL 33127
$1,800,000
1256 sqft | 3 beds | 1 bath | #A11653436

Description

7,200 sqft Lot Covered land play in coveted Wynwood Norte, this prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 16 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195. Property currently consists of a single family 3 beds and 1 bath and can generate approximately $3,000/m. Property is within walking distance of many entertainment, retail, hospitality, art galleries, and restaurants, including several Michelin-awarded restaurants. South of Design District and west of Mid-Town, the area is experiencing rapid growth, with hundreds of new developments coming to Wynwood Norte.

  • Property Details
      • Interior:First Floor Entry, Family Room
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
      • Lot description:Less Than 1/4 Acre Lot
      • Square Feet:1256
      • Parking type:Covered, Driveway, On Street
      • Property type:Purchase
      • Year built:1930
      • Sewer information:Public Sewer
      • Utility source:Municipal Water
      • Subdivision:WYND WOOD PARK
      • County:Miami-Dade County
      • MLS #:A11653436
      • Cost:1800000
      • Property subtype:Single Family Residence
      • MLS #:A11653436
      • Structure type:House

Location

Lifestyle International RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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