LOT SIZE 0.060 acres
MLS#A11773549
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONWYND WOOD PARK
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.
Property Features
Property Type: Land - Residential
Lot Size: 0.06 Acres
Taxes: $380
Feature Descriptions
Crops Included Y/N: No
Days on Site: 370
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, FHA
Lot: Near School, Other
Parcel#: 01-31-25-019-3120
Property Attached Y/N: No
Property Sub-Type: Residential
Listed By / Shown By
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 5,084.34 per month $4,790.18 Principal & Interest $31.67 Property Tax $262.50 Homeowner's Insurance
3123 NW 3rd Ave | MLS# A11773549
This land located at 3123 NW 3rd Ave, Miami, FL 33127 is currently listed for sale with an asking price of $900,000. The property has approximately 0.06 Acres. Search Miami real estate on www.adamscameroncommercial.com today.