NORTHERN BLVD TRACK
351 NW 31st St, Miami FL 33127
3 beds · 2 baths · 1,660 ft²
$1,500,000
Est. Payment $7,984/mo
3
Bedrooms
2
Bathrooms
1,660
Sq. Ft.
1936
Year Built
3
Garage
38
Days on Market
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.
Facts
- MLS#
- A12037437
- Subdivision
- NORTHERN BLVD TRACK
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 6,200 ft²
- Sq. Ft.
- 1,660 ft²
- Sq. Mt.
- 154 m²
- Price per sq. ft.
- $904/ft²
- Price per sq. mt.
- $9,740/m²
- Stories
- —
- Garage
- 3 spaces
- Pool
- —
- Days on Market
- 38 days
- Listed
- Jun 15, 2026
- Last Updated
- Jul 23, 2026
- Price/Lot Sq.Ft.
- $242/ft²
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Same ZIP, similar price + bedrooms.
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
26
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/15/2026 | Listed for sale | $1,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$9,384/mo
Principal & Interest
$7,984
Property Tax
$1,250
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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