3128 NW 3rd Ave, Miami, FL 33127

$899,000 Asking Price

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 4/2, and a rear 1/1 plus detached room. New central AC system. Rented for $5200, yielding a 4.8% cap rate while you develop plans. The layouts are for illustration purposes, no plans submitted.

Features & Amenities

Location

Road/Access:
Public Road
Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
3900, NORTHERN BLVD TR PB 2-29 S47.6FT OF N97.6FT OF LOTS 1 & 2 BLK 5 LOT SIZE 47.600 X 100 OR 14441-1049 0589 1 COC 24046-2699 12 2005 1, 01-31-25-024-0810
Current Use:
Unimproved Multi Family (5+Units), Other Usage, Income (Other)

Utilities

Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Available, Trash Removal
Water:
Municipal Water
Sewer:
Public

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
LoKation, Alexandru Celea

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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