Description

New price—prime Wynwood Norte covered-land opportunity in an Opportunity Zone. Situated on a 7,150 SF lot, this AS-IS property features an existing triplex with income in place, including two occupied units currently generating approximately $2,450/month ($29,400/year), helping offset carry during entitlement, design, and permitting. Zoned T4-R (TR4), with strong urban infill redevelopment potential for a future multifamily or townhome project (buyer to verify). Ideal for developers and investors seeking a strategic Wynwood site with income while conducting feasibility studies.

Address

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Address: 31st St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: PRICES ADDN TO ST JAMES P

Details

Updated on March 31, 2026 at 2:46 am

Property ID A11821788
Price $1,550,000
Land Area 0.1642 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName PRICES ADDN TO ST JAMES P
ContractStatusChangeDate 2025-06-13
CurrentUse Multi-Family, Other Usage
DaysOnMarket 290
DevelopmentStatus Unrecorded Plat
DirectionFaces Northwest
DocumentsAvailable Aerial Photo
DocumentsCount 1
ExpirationDate 2026-06-13
Fencing Fenced
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-282-1491
ListingTerms All Cash, Conventional
LotFeatures City Location, Less Than 1/4 Acre Lot, Fenced, Other, Sidewalk, Street Lights, Well
LotSizeSquareFeet 7150
MLSAreaMajor Prices Addn To St James P
MajorChangeTimestamp February 4, 2026 at 02:50pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 30, 2026 at 08:50pm
OnMarketDate 2025-06-13
OriginalEntryTimestamp June 13, 2025 at 04:15pm
OriginalListPrice 1850000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 01-31-25-027-0410
PhotosChangeTimestamp March 30, 2026 at 01:10pm
PhotosCount 22
Possession Funding
PostalCodePlus4 3711
PreviousListPrice 1675000
PriceChangeTimestamp February 4, 2026 at 02:50pm
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
RoadFrontageType Paved Road, Public Road
RoadSurfaceType Paved Road, Paved
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent, See Broker Remarks
SourceSystemKey 412831770
StateOrProvince FL
StatusChangeTimestamp June 13, 2025 at 04:15pm
StreetDirPrefix NW
StreetName 31st St
StreetNumber 145
StreetNumberNumeric 145
StructureType Residential
SyndicationRemarks New price—prime Wynwood Norte covered-land opportunity in an Opportunity Zone. Situated on a 7, 150 SF lot, this AS-IS property features an existing triplex with income in place, including two occupied units currently generating approximately $2, 450/month ($29, 400/year), helping offset carry during entitlement, design, and permitting. Zoned T4-R (TR4), with strong urban infill redevelopment potential for a future multifamily or townhome project (buyer to verify). Ideal for developers and investors seeking a strategic Wynwood site with income while conducting feasibility studies.
TaxAnnualAmount 12404
TaxLegalDescription PRICES ADD TO ST JAMES PARK PB 4-47 LOT 19 BLK B LOT SIZE 50.000 X 143 OR 18220-3675 0298 4
TaxYear 2024
Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Vegetation Other Trees, Other Ground Cover
View None
WaterSource Municipal Water
Zoning 3900