3128 NW 3rd Ave

Miami,FL 33127

$ 859000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Northern Blvd Track

MLS Listing ID A11600817

HOA Y/N No

Annual Tax Amount $8,942

Tax Year 2023

Contingent Pending Inspections

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 48x100

Property Description

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 3 stories and 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 5.1% cap rate while you develop plans. The layouts are for illustration purposes, no plans submitted.

Location

State FL

County Miami-dade

Community Northern Blvd Track

Area 31

Exterior

Utilities Available Cable Available,Phone Available,Trash Collection

Present Use Other

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 01-31-25-024-0810

Acceptable Financing Cash,Conventional,1031 Exchange,Owner May Carry

Listing Terms Cash,Conventional,1031 Exchange,Owner May Carry

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