NORTHERN BLVD TRACK

351 NW 31st St, Miami FL 33127

3 beds · 2 baths · 1,660 ft²

For Sale · Active Listing

$1,500,000

Est. Payment $7,984/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,660

Sq. Ft.

1936

Year Built

Garage

Days on Market

Description

Development Opportunity in a Rapidly Transforming Neighborhood! Prime investment property recently rezoned from T3 to T4, allowing for the development of up to a 19-unit 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 and the thriving Wynwood District. 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: 5 days
Listed: Jun 15, 2026
Last Updated: Jun 20, 2026
Price/Lot Sq.Ft.: $242/ft²

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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

July 2026

100/100

Buyers marketSellers market

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

351 NW 31st St, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Palmetto Middle School
6,7,8 · public · 0.5 mi
Palmetto Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Miami Palmetto Senior High School
9,10,11,12 · public · 0.9 mi
Bet Shira Early Childhood Center
PK,KG · private · 0.9 mi
Miami Palmetto Senior High Adult
UG · public · 0.9 mi
True North Classical Academy East
KG,1,2,3,4,5,6,7,8 · charter · 0.9 mi
Howard Drive Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Montessori School Of Alexander
PK,KG,1,2,3,4,5 · private · 1.0 mi
Alexander Mont School
PK,KG,1,2,3,4,5,6 · private · 1.0 mi
American Academy of Pinecrest
12 · private · 1.2 mi

Estimated Monthly Payment

$9,384/mo

Principal & Interest

$7,984

Property Tax

$1,250

Insurance

$150

HOA

Down Payment20% ($300,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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