Prices Addn To St James P For Sale
145 Nw 31st St, Miami, FL 33127

$1,675,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11821788
  • Virtual Tour: YES
  • List Price: $1,675,000
  • Taxes:$12,404
  • Listing Date:June 13, 2025
  • Days On Market:211

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


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker