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.
Listed by Laura Jimenez
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License #3318969
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The Keyes Company
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305-646-8843
Last updated January 16, 2026
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Source: MIAMIRE #A11946637
Listing Facts
TypeSingle-family
NeighborhoodBrownsville
Bedrooms3
Bathrooms3
Days on Prevu14
Taxes$9,435/year
Size2,777 sqft
Price per sqft$252
Amenities
Dishwasher
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/16/2026
Listed by The Keyes Company
$699,000
Property Details for 4990 NW 31st Ave
Exterior
Construction
Roof: Barrel Roof
Structure Type: R30-No Pool/No Water, House
Year Built: 1972
Year Built Details: Effective Year Built
Architectural Style: Detached, One Story
Building Name: HOME OWNERS PARADISE
Construction Materials: CBS Construction
Features
Direction Faces: Northwest
Fencing: Fenced
Measurements
Building Area Total: 2,827
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Square Feet: 8,250
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 30-31-21-009-0360
Tax Annual Amount: $9,435.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Refrigerator
Flooring: Tile
Interior Features: First Floor Entry, Den/Library/Office, Florida Room, Utility Room/Laundry
Measurements
Living Area: 2,777
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Integer: 3
Bedrooms Total: 3
Other
Location
Subdivision Name: HOME OWNERS PARADISE
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Open Parking: Yes
Parking Features: Driveway
Schools
Elementary School
Elementary School: Lorah Park
High School
High School: Miami Springs
Middle or Junior School
Middle Or Junior School: Miami Springs
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Utility Room/Laundry
Sewer: Public Sewer
Water Source: Municipal Water
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 3 bathrooms in this single-family home at 4990 NW 31st Ave.
What schools are nearby to 4990 NW 31st Ave?
Nearby schools include the Lorah Park Elementary School, Miami Springs Middle School, and Miami Springs High School.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 4990 NW 31st Ave.
What are the annual taxes for 4990 NW 31st Ave?
Annual taxes for this single-family home are estimated at $9,435.
How does 4990 NW 31st Ave compare to other single-family homes in Brownsville?
This single-family home is listed 45% above the average price for single-family homes in Brownsville and has been on the market for 63 less days than the typical home in this area.
What building or home owners association is the single-family home part of?
This single-family home is in the HOME OWNERS PARADISE building.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,777 sqft.
4990 NW 31st Ave is a 3-bedroom, 3-bath single-family home for sale in Miami FL 33142. On Prevu for 14 days at $699,000. This residence features 2,777 square feet of living space, located in Brownsville. The median listing price for single-family homes in this area is $495,000. Nearby schools include Lorah Park Elementary School, Miami Springs Middle School, and Miami Springs High School. Additional amenities include dishwasher, pets allowed, air conditioning, and parking. Explore more single-family home listings in Miami-Dade County.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.