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$ 1,675,000
Est. payment /mo
Active
145 NW 31st St Miami, FL 33127
7,152 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Prices Addn To St James P
MLS Listing ID A11821788
HOA Y/N No
Annual Tax Amount $12,404
Tax Year 2024
Lot Size 7,152 Sqft
Acres 0.1642
Property Sub-Type Residential
Property Description
This "AS IS" teardown presents a rare opportunity to acquire a prime redevelopment site in the heart of Wynwood Norte, one of Miami's most dynamic and rapidly evolving urban districts. This ±7,150 square foot lot is ideally suited for a boutique multifamily or mixed-use development under favorable T4-R / NRD-2 zoning, offering strong density potential and flexible design options. The property offers an excellent entry basis for developers seeking to capitalize on Wynwood's continued growth, rising rental demand, and limited remaining supply of buildable land.The site is positioned just minutes from the Wynwood Arts District, Midtown Miami, Design District, and major transportation corridors, making it highly desirable for future residents and end users. New construction in the area supports strong rental rates and long-term appreciation, creating a compelling development and exit strategy.This is an ideal opportunity for investors and developers looking to secure a strategic infill site in one of Miami's most sought-after urban neighborhoods.Feasibility Study and Offer Memorandom available upon request.
Location
State FL
County Miami-dade
Community Prices Addn To St James P
Area 31
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Street Surface Paved
Private Pool Yes
Building
Lot Description < 1/4 Acre
Faces Northwest
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-25-027-0410
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11821788
Listed by Douglas Elliman
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