145 NW 31st St

Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 22 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.

Property Details

Location

Legal

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

Last Updated: Sep 13, 2026 5:51 PM. Source: MAOR

Provided By
Listed by Gina Sosa (#3185172), Email: ginasosa@icloud.com
Listing Office: JFA Realty Co (#JFAR01)