4990 NW 31st Ave

4990 NW 31st Ave Miami 33142
3 bedrooms | 2 bathroom | 1 half bath | 2,777 sqft

$699,000

Property Details

MLS #
A11946637
Unit #
Address
4990 NW 31ST AVE  map  
Bedrooms
3
Bathrooms
2
Half Baths
1
Living Area (f2)
2,777
Living Area (M2)
258
Lot Size (f2)
8,250
Year Built
1972
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
HOME OWNERS PARADISE
Days On Market
27
Pool
Pets Allowed
N/A
Parking Spaces
2

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

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.

Property Amenities

Equipment

  • Dishwasher
  • Refrigerator

Interior Features

  • First Floor Entry
  • Den/Library/Office
  • Florida Room
  • Utility Room/Laundry

Similar Properties

Address Unit # Price %Chng Bed/Bath
3274 NW 50th St $285,000 3/1
4510 NW 33rd Ave $319,900 3/1
5364 NW 29th Ave $325,000 2/1
3121 NW 45th St $345,000 2/2
3280 NW 51st Ter $389,000 3/2
2944 NW 44th St $429,000 3/2
3265 NW 50th St $439,900 3/1
2953 NW 45th St $450,000 3/2
3085 NW 43rd Ter $483,500 3/2
3085 NW 51st St $485,000 3/2
3231 NW 48th Ter $489,000 3/1
2951 NW 49th St $510,000 4/2
2951 NW 47th St $515,000 3/2
3041 NW 51st St $520,000 3/2
2956 NW 44 ST $530,000 4/3

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
12/22/2025 $430,000 $435,000 3 1
12/17/2025 $475,000 $479,900 3 2
12/05/2025 $490,000 $490,000 3 2
10/28/2025 $525,000 $525,000 4 2
09/23/2025 $480,000 $500,000 3 2
09/19/2025 $525,000 $525,000 4 2
08/22/2025 $495,000 $494,000 3 2
08/15/2025 $400,000 $410,000 3 2
08/14/2025 $499,000 $499,000 4 3
08/12/2025 $523,000 $519,900 3 2

https://www.collegetownliving.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by The Keyes Company

Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
Gravity Real Estate   Gravity Real Estate   Gravity Real Estate

Equal Housing Opportunity  Realtor®