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3123 NW 3rd Ave Miami FL 33127 MLS #A11773549

3123 NW 3rd Ave
Miami, FL, 33127
$950,000
Beds
0 Bathrooms
0 SqFt
0.06 Acres
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$950,000
3123 NW 3rd Ave
Miami, FL, 33127
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Project Description

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.

Property Details

Price:
$950,000
MLS #:
A11773549
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Residential
Subdivision:
WYND WOOD PARK
Neighborhood:
Wynd Wood Park
Listed Date:
Mar 31, 2025
Lot Size:
2,688 sqft / 0.06 acres (approx)
Wynd Wood ParkWynd Wood ParkWynd Wood ParkMulti-family,other Usage

Schools

Interior

Exterior

Other Structures
Other Bldg Incl

Financial

Tax Year
2024
Taxes
$380

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Profitability of the Property

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3123 NW 3rd Ave
Miami, FL