351 Nw 31st St

Miami, FL
$ 1,500,000 Beds 3 Baths 2 Sq 1,660 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,500,000
  • City
  • Miami
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Miami-Dade
  • Half Bathrooms
  • 0
  • Area
  • 31
  • Lot Size
  • Zip
  • 33127
  • Sqr Footage
  • 1,660
  • Year Built
  • 1936
  • Taxes
  • $ 6929
  • Style
  • MLS#
  • A12037437
Listed By: This listing is courtesy of Luxe Properties
Data Source: Southeast Florida MLS (SEFMLS)

Features

General

Sewer PublicSewer
Heating Central
Cooling CentralAir,CeilingFans
Possession CloseOfEscrow
Roof Shingle
Appliances Dryer,ElectricRange,ElectricWaterHeater,Refrigerator,Washer
Garage Spaces 3
Patio/Porch Features Patio
Architectural Style OneStory
Pool Features None
Security Features SmokeDetectors
Restrictions NoRestrictions,OkToLease
Construction Materials Block
Pets Allowed Yes
Year Built 1936
View None
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
County Miami-Dade
Property Type Residential
Subdivision Name NORTHERN BLVD TRACK
Facing Direction South
Garage Y/N true
Full Baths 2
Special Listing Conditions ListedAsIs
Status Active
City Miami
Senior Community Y/N false
Zoning Description 3900
MLS Area 31
Lot Size Units SquareFeet
Lot Size Square Feet 6200
Carport Spaces 1
Carport Y/N true
Listing Terms Cash,Conventional,Exchange1031
Elementary School Hartner; Eneida
Year Built Details Resale
Tax Annual Amount 6929
Lease Considered Y/N false
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional SingleFamilyResidence
PostalCity Miami
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

Interior Features

Interior Amenities BedroomOnMainLevel,FirstFloorEntry
Flooring CeramicTile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Amenities Awnings,Fence,FruitTrees,Patio
Parking Features DetachedCarport,OnStreet
Lot Features LessThanQuarterAcre
Water Source Public
Lot Size Area 6200
Building Area Total 1810
Waterfront Y/N false
Covered Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Miami Beach, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Hartner; Eneida Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/16/2026 Listed $1,500,000

Property vs Zip Code Average in 33127

Price
AVG $980K
$1.5M
Taxes
AVG $9,482
$6,929
Year Built
AVG 1964
1936

Areas That We Cover

351 Nw 31st St Miami, FL is a Single Family Home for sale at $1500000 with 1660 sqft and a lot size of Acre(s). 351 Nw 31st St Miami has 3 bedrooms, 2 baths and was built in 1936. The property's zip code is 33127 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.