About This Home

This 3-bedroom, 2-bathroom single family at 351 NW 31st St in Miami, FL is listed for $1,500,000 ($904 per sqft). Built in 1936, the home offers 1,660 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1936
  • 0.14 acre lot

Property Details

1 story
2 full
3-car garage
1936

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

351 NW 31st St

Miami, FL 33127

NORTHERN BLVD TRACK

Features & Amenities

Interior Features

Bedroom on Main LevelFirst Floor Entry

Exterior Features

Awning(s)FenceFruit TreesPatio

Property Details

Flooring

Tile - Ceramic

Construction

Block

Outdoor Features

Patio

Parking

CarportOn Street

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

DryerElectric RangeElectric Water HeaterRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 351 NW 31st St is listed at $1,500,000 ($904/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1936, 0.14 acre lot. Interior Features: Bedroom on Main Level, First Floor Entry. Exterior Features: Awning(s), Fence, Fruit Trees.

This property is listed by Stephanie Mora PA.

SP

Stephanie Mora PA

License 3584240

Agent at LUXE Properties LLC

Listed by LUXE Properties LLC · Broker phone: (305) 809-7650 · View on Broker Site · Broker website

MLS# A12037437· Source: Miami REALTORS®· 6 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

351 NW 31st St, Miami, FL 33127

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