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.
Property Details
Price:
$859,000
MLS #:
A11600817
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
3128 NW 3rd Ave
Type:
Single Family
Subtype:
Residential
Subdivision:
NORTHERN BLVD TRACK
Neighborhood:
Northern Blvd Track
City:
Miami
Listed Date:
Jun 4, 2024
State:
FL
ZIP:
33127
Lot Size:
4,760 sqft / 0.11 acres (approx)
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Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$8,942
Map
Community
- Address3128 NW 3rd Ave Miami FL
- SubdivisionNORTHERN BLVD TRACK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
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