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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: 194 Days
Updated: 8 Days ago
Page Views: 0
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.
Features
All features
  • Property SqFt: 7150
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: Northwest
  • Days on Market: 186
  • 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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