Miami, FL 33127 3123 NW 3rd Ave
$900,000
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
General for 3123 NW 3rd Ave
Building FeaturesOther
CityMiami
CountyMiami-Dade
Development StatusOther
Facing DirectionWest
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
Lot Size UnitsSquare Feet
MLS Area31
PossessionClose Of Escrow
PostalCityMiami
Property Sub Type AdditionalResidential
Property SubtypeResidential
Property TypeLand
Standard StatusActive
StatusActive
Subdivision NameWYND WOOD PARK
Tax Annual Amount380
Tax Year2024
Virtual TourClick here
Zoning Description3900
Exterior for 3123 NW 3rd Ave
Covered Spaces
Lot Size Acres0.06
Lot Size Area2688
Number of Lots1
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Allan Fequiere
Realtor®
