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.
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 Details
Price:
$699,000
MLS #:
A11946637
Status:
Active
Beds:
3
Baths:
2.5
Address:
4990 NW 31st Ave
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HOME OWNERS PARADISE
Neighborhood:
homeownersparadise
City:
Miami
Listed Date:
Jan 16, 2026
State:
FL
Finished Sq Ft:
2,777
Total Sq Ft:
2,827
ZIP:
33142
Year Built:
1972
Schools
Elementary School:
Lorah Park
Middle School:
Miami Springs
High School:
Miami Springs
Interior
Appliances
Dishwasher, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile
Heating
Central
Laundry Features
Utility Room/ Laundry
Exterior
Architectural Style
Detached, One Story
Community Features
None
Construction Materials
C B S Construction
Parking Features
Driveway
Roof
Barrel Roof
Financial
Tax Year
2025
Taxes
$9,435
Map
Contact Us
Mortgage Calculator
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4990 NW 31st Ave
Miami, FL
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