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Single Family Residence
$1,675,000$748 / sqft
535 W 31st St, Miami Beach FL 33140
Listed
0
Bedrooms
2,240 sqft
Interior
2028
Year built
None
HOA
Single Family Residence
Type
About this home
A spectacular opportunity to build a new 3,075 SF bespoke residence in one of Miami Beach's most desirable and quiet neighborhoods, or combine with the neighboring 14,100 SF lot to create a trophy estate. Situated just three short blocks from the brand new state-of-the-art 20-acre Bayshore Park, a block from the Miami Beach Golf course, and just blocks from the beach and houses of worship, this is the perfect location for anyone looking to conveniently enjoy everything Miami Beach has to offer. Great schools like The Hebrew Academy and North Beach Elementary are less than 5 minutes away. Ideally tucked away on a quiet side street with easy access to main highways, Bal Harbour Shops, Design District, Wynwood, Downtown Miami, South Beach, and the Miami International Airport. This is a very wide 82’ x 75’ vacant lot. Call listing agents for more information.
Features
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$8,470
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $8,470
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals across Miami-Dade, from 9 active listings; the middle half ask $1,300–$1,400.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.