$699,000

4990 NW 31st Ave, Miami, FL 33142

3 beds |
3 baths |
2,777 sqft

Single-Family Home
Built in 1972
8,276sqft lot
2 car garage
$252/sqft
Listed 23 days ago

Property Description

Developer’s Dream: Huge Miami Home in an Up-and-Coming Neighborhood with Buildable Lot Next Door Included ! Rare once-in-a-lifetime developer special in one of Miami’s fastest-rising neighborhoods. This oversized 2,800 sq. ft. single-family home with garage sits directly across from an elementary school, offering strong appeal for future homeowners or tenants. What makes this opportunity truly exceptional is the deed-included adjacent lot, zoned for single-family construction. You’re getting two properties in one deal—renovate and modernize the existing spacious home while building a brand-new single-family residence next door, or hold both as the area continues to appreciate. The main home is solid with generous layout but ready for modern updates. The roof is borderline, priced accordingly, making this a clear investor and developer opportunity with major upside. Opportunities like this are rarely available in Miami: a huge house, a buildable lot, and a growing neighborhood all in one package. Ideal for redevelopment, resale, or long-term investment. Bring your vision and maximize the potential.

Listing Status:: Active
Date Added:: January 16, 2026
Data Last Updated:: February 9, 2026 at 3:09AM
Listing Office:: The Keyes Company : 954-893-1322
Listing Agent:: Laura Jimenez : 305-646-8843
MLS ID:: A11946637

General: First Floor EntryDen/Library/OfficeFlorida RoomUtility Room/Laundry
Appliances: DishwasherRefrigerator
Laundry: Utility Room/Laundry
Flooring: Tile
A/C: Ceiling Fan(s)Central Air
Heating: Central

Style: DetachedOne Story
Parking: Driveway

Roofing: Barrel Roof
General: CBS Construction

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 0100HOME OWNERS PARADISE PB 40-50 LOT 1 BLK 3 LOT SIZE 75.000 X 110 74R 25900 OR 18229-2090 0398 2 (2)30-31-21-009-0360
View: None
Fencing: Fenced

Water: Municipal Water
Sewer: Public Sewer

Source: Miami Association of REALTORS®

Presented by RE/MAX Excellence

This listing courtesy of Laura Jimenez , The Keyes Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Lorah Park Elementary School

5160 NW 31st Ave, Miami, FL, 33142

Grades PK-5

0.12 miles away

Brownsville Middle School

4899 NW 24th Ave, Miami, FL, 33142

Grades 6-8

0.69 miles away

Path Academy

6300 NW 27th Ave, Miami, FL, 33147

Grades 3-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.