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3128 Nw 3rd Ave, Miami, FL – $899,000

  • $899k Price
  • .11 Acres
  • 88 DOM
  • $899k Price
  • .11 Acres
  • 88 DOM

3128 Nw 3rd Ave

Don't miss the lowest-priced covered land play in coveted Wynwood Norte, this prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 16 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195, it currently consists of two units—a front 3/2 plus den, and a rear 1/1. An additional structure can be converted into an efficiency as well. New central AC system. Market rent estimated at $5500 (long-term), yielding a 5%+ entry cap rate while you develop.

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Essential Information

  • MLS® #A11600817
  • Price$899,000
  • Bathrooms0.00
  • Acres0.11
  • TypeLand / Boat Docks
  • Sub-TypeResidential
  • StatusActive

Community Information

  • Address3128 Nw 3rd Ave
  • Area31
  • SubdivisionNORTHERN BLVD TRACK
  • CityMiami
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33127-3726

Amenities

Utilities

Cable Available, Phone Available, Trash Collection

Exterior

  • Lot Description48x100

Additional Information

  • Listing Courtesy ofLoKation
  • Date ListedJune 4th, 2024
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Price Change History for 3128 Nw 3rd Ave, Miami, FL (MLS® #A11600817)

Date Details Change
Price Increased from $799,000 to $899,000 $100,000 (12.52%)
Price Reduced from $835,000 to $799,000 $36,000 (4.31%)
Price Reduced from $849,000 to $835,000 $14,000 (1.65%)
Price Reduced from $865,000 to $849,000 $16,000 (1.85%)