287 NW 31st St - Commercial LAND FOR SALE


Miami, FL 33127- Wynwood7,200 SF
$1,275,000 USD
786-261-5393
287 NW 31st St, Miami, FL for Sale
$1,275,000 USD
Commercial LAND - FOR SALE
1/13
7,200 SF

287 NW 31st St
Miami, FL 33127
Wynwood


HIGHLIGHTS

  • Allowed 24 units to be built with no parking requirement
  • Wynwood Norte has a huge renter community with over 80% of residents renting apartments or homes.
  • 35% population growth in Miami from 2010-2022, increasing demand for housing
  • Create tastefully designed units in an up and coming neighborhood that is within a 5-minute drive to the trendy neighborhoods of Wynwood, Edgewater an
  • South Florida has attracted many businesses to relocate to the area bringing thousands of new jobs to the area
  • Property can be rented during the design, planning, and permitting process, reducing carrying costs and lowering overall development risk.

OVERVIEW

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 after a rapid expansion of Wynwood, which currently has over 6,000 residential units and 2M SF of office!

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/ACRE

$7,713,762/AC

PRICE/SF

$177 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

31st St Covered Land Play

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.17 AC

LAND SF

7,200 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

01-3125-019-3130

ASK ABOUT THIS PROPERTY

Robin PerezFausto Commercial Realty ConsultantsMore Info
786-261-5393

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Robin PerezFausto Commercial Realty ConsultantsMore Info
786-261-5393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.