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Mixed-Use Land for Sale in Miami, Florida

145 NW 31st St, Miami, FL 33127

$1,675,000
0.16 acres
Active
$175k drop
Est $12,466/mo

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

Street address
145 NW 31st St
Community
Prices Addn to ST James P
Elevation
16 feet
Coordinates
25.806, -80.1982

Property details

Lot size
0.164 acres7,144 sq ft
MLS #
MAOR A11821788
Posted

Property taxes

2024
$12,404

Parcels

  • 01-31-25-027-0410

Legal description

Resources

Details and features

Listing

Type
Land

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Oct 22, 2025Price drop$1,675,000$175,000 -9.5%MAOR
June 13, 2025New listing$1,850,000MAOR
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This 0.164-acre property is located at 145 NW 31st St in Miami, FL 33127. The property is available for sale for $1,675,000.

Checked 8 hours ago — Updated

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