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3123 Nw 3rd Ave, Miami, FL – $950,000

  • $950k Price
  • .06 Acres
  • 70 DOM
  • $950k Price
  • .06 Acres
  • 70 DOM

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.

Essential Information

  • MLS® #A11773549
  • Price$950,000
  • Bathrooms0.00
  • Acres0.06
  • TypeLand / Boat Docks
  • Sub-TypeResidential
  • StatusActive

Community Information

  • Address3123 Nw 3rd Ave
  • Area31
  • SubdivisionWYND WOOD PARK
  • CityMiami
  • CountyMiami-Dade
  • StateFL
  • Zip Code33127-3725

Additional Information

  • Date ListedMarch 31st, 2025

Listing Courtesy of

Fausto Commercial Realty Consultants Inc

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