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.
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 3123 Nw 3rd Ave, Miami, Florida 33127
- Longitude:
- W81° 52' 19.3''
- Latitude:
- N26° 16' 11.8''
- Building Features:
- Other
- Cumulative DOM:
- 246
- DOM:
- 317
- Development Status:
- Other
- Direction Faces:
- West
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Parcel Number:
- 01-31-25-019-3120
- Subdivision Name:
- WYND WOOD PARK
- Tax Annual Amount:
- $380
- Tax Year:
- 2024
- Virtual Tour:
- Click Here
Land For Sale
3123 Nw 3rd Ave, Miami, Florida 33127, Miami, Florida 33127
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $900,000
- Lot Area :
- 2,688 Sqft
- MLS # :
- A11773549
- Property Sub Type :
- Residential
