Miami, FL 33127 3123 NW 3rd Ave
$950,000
10 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Home Details
ASSEMBLAGE OPPORTUNITY! This property can be bought along with 287 nw 31st St (MLS#: A11732843). PRICE IS FLEXIBLE. This prime investment T-4R property with NRD-2 Zoning Overlay give this land the ability to build at a density of 150 units per acre, this means you can build up to 34 units as of right at $75,000 per buildable unit. Strategically located just blocks away from Wynwood, Midtown, and the Design District, and flanked by I-95 and I-195, this is an ideal investment due to strong rental and housing demand driven by its proximity to jobs and major entertainment areas. Rent the property while you get approved to build. The models being done by local developers are condo conversions, workforce housing, or traditional apartment rental, see remarks for other projects in the area.
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Interior Features for 3123 NW 3rd Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 3123 NW 3rd Ave
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesOther
Carport Y/NNo
CityMiami
CountyMiami-Dade
Development StatusOther
Electric On Property Y/NNo
Facing DirectionWest
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionWYNDWOOD PARK PB 5-23 N42FT OF LOT 10 BLK 16 LOT SIZE 42.000 X 64 OR 19451-1249 12 2000 1
Listing TermsCash, Conventional, FHA
Lot Size Square Feet2688.0
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalResidential
Property SubtypeResidential
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameWYND WOOD PARK
Tax Annual Amount380.0
Tax Year2024
Virtual TourClick here
Waterfront Y/NNo
Zoning Description3900
Exterior for 3123 NW 3rd Ave
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.06
Lot Size Area2688.0
Number of Lots1
Open Parking Y/NNo
Private PoolNo
SpaNo
Additional Details
Price History
Marianela Ganaim
Realtor®
