3123 NW 3rd Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33127
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Wynd Wood Park
MLS Listing ID A11773549
Annual Tax Amount $380
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Residential
Property Description
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.
Location
State FL
County Miami-dade
Community Wynd Wood Park
Area 31
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11773549