3123 NW 3rd Ave, Miami, FL 33127

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3123 NW 3rd Ave,Miami, FL 33127
$950,000
Virtual Tour
  • 0.06 Acres
  • Lots / Land
  • Active
Listed by: vicente rodriguez
Office: fausto commercial realty consultants inc
MLS#:A11773549
Source:SEFMLS

Price summary

  • Price:$950,000

About this home

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.

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Home facts

  • Listing ID #:A11773549
  • Updated:November 21, 2025 at 10:46 AM

Structure and exterior

  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$950,000
  • Tax amount:$380 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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