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St James Park, 145 NW 31st St, Miami, FL, Florida 33127

1,850,000(-9.46% )
0.16Acre

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Details

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Status:
Active
Size: 0.16 Acres (664 m2)
Price: $10,468,750/Acre ($2,522/m2)
Type: Land
MLS Number: A11821788
On Site: 236 Days
Updated: 7 Days ago
Page Views: 0
This "as Is" Teardown Presents A Property In Opportunity Zone To Acquire A Prime Redevelopment Site In The Heart Of Wynwood Norte. Income-producing Tr4-zoned Development Opportunity In Prime Wynwood. Situated On A 7,150 Sf Lot, The Property Features An Existing Triplex With Two Occupied Units, Providing Passive Income During Entitlement, Design, And Permitting. Zoned T4-r, The Site Offers Strong Urban Infill Redevelopment Potential For A Future Multifamily Or Townhome Project, Subject To Buyer’s Due Diligence. Ideal For Developers Seeking A Covered-carry Acquisition In One Of Miami’s Most Active Submarkets. Ownership Is Open To Discussions And Pricing Flexibility. Excellent Opportunity For Investors Or Builders Looking To Secure A Strategic Wynwood Site With Income In Place While Conducting Feasibility Studies.
Features
All features
  • Property SqFt: 7150
  • Remarks: This "AS IS" teardown presents a property in opportunity zone to acquire a prime redevelopment site in the heart of Wynwood Norte. Income-producing TR4-zoned development opportunity in prime Wynwood. Situated on a 7, 150 SF lot, the property features an existing triplex with two occupied units, providing passive income during entitlement, design, and permitting. Zoned T4-R, the site offers strong urban infill redevelopment potential for a future multifamily or townhome project, subject to buyer’s due diligence. Ideal for developers seeking a covered-carry acquisition in one of Miami’s most active submarkets. Ownership is open to discussions and pricing flexibility. Excellent opportunity for investors or builders looking to secure a strategic Wynwood site with income in place while conducting feasibility studies.
  • Internet Remarks: This "AS IS" teardown presents a property in opportunity zone to acquire a prime redevelopment site in the heart of Wynwood Norte. Income-producing TR4-zoned development opportunity in prime Wynwood. Situated on a 7, 150 SF lot, the property features an existing triplex with two occupied units, providing passive income during entitlement, design, and permitting. Zoned T4-R, the site offers strong urban infill redevelopment potential for a future multifamily or townhome project, subject to buyer’s due diligence. Ideal for developers seeking a covered-carry acquisition in one of Miami’s most active submarkets. Ownership is open to discussions and pricing flexibility. Excellent opportunity for investors or builders looking to secure a strategic Wynwood site with income in place while conducting feasibility studies.
  • Waterfront: No info
  • Directions: Northwest
  • Days on Market: 229
  • Compass Point: NW
  • Office Name: Douglas Elliman
  • Area: 7150
  • Taxes: 12404
  • Tax Year: 2024
  • Listing Date: 2025-06-13T12:15:17.000-00:00
  • Lot Size Square Feet: 7150

Apples-to-Apples Comparables

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Price History

10/21/2025

Date

Price Reduced

Event

$1.7M

Price

-9.46%

Change Rate

$234 ft2 / $2,522 m2

Price Per

06/13/2025

Date

Listed

Event

$1.9M

Price

$259 ft2 / $2,785 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Gina SosaDouglas Elliman • Buyer Agency Compensation .

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