107 NW 31st St

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107 NW 31st St

Miami, FL 33127
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 107 NW 31st St in Miami.
  • The site encompasses a total land area of 0.49 acres.
  • Property is situated within the active and developing Wynwood submarket.
  • Commercial asset type suitable for diverse urban development projects.
  • Positioned in a high-growth region of the Miami metropolitan area.

What's Special

The Wynwood neighborhood in Miami serves as a vibrant cultural and commercial hub, characterized by rapid development and significant pedestrian traffic. This commercial land site at 107 NW 31st St sits directly within this high-growth submarket, offering proximity to established retail corridors and burgeoning mixed-use projects. The parcel spans 0.49 acres, providing a flexible footprint for developers looking to capitalize on the area's ongoing urban revitalization and demand for new commercial infrastructure. As Miami continues to attract investment across the tech, art, and professional service sectors, the strategic positioning of this lot supports a range of potential commercial developments. Whether for flagship retail, boutique office space, or other creative commercial applications, the site offers a scalable opportunity within a dense, well-connected metropolitan environment. Investors and developers will find the location well-situated to benefit from the sustained economic activity defining this segment of the Miami market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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