3123 Nw 3rd Ave, Miami, FL

$950,000

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0.06

Acres

About 3123 Nw 3rd Ave

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.

Features of 3123 Nw 3rd Ave

MLS® # A11773549
Price $950,000
Bathrooms 0.00
Acres 0.06
Type Land / Boat Docks
Sub-Type Residential
Status Active

Community Information

Address 3123 Nw 3rd Ave
Area 31
Subdivision WYND WOOD PARK
City Miami
County Miami-Dade
State FL
Zip Code 33127-3725
HOPA No Hopa

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Listing Details

OfficeFausto Commercial Realty Consultants Inc

Listing Map

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