Northern Boulevard, 3128 NW 3rd Ave Miami, FL, 33127

899,000(-4.45% )
$859,000Price
N/ASqFt

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Size: 4,760 ft2 / 442 m2
Price: $180 ft2 / $1,942 m2
MLS Number: A11600817
On Site: 200 Days
Updated: 19 Days ago
Page Views: 0
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.
Features
All features
Current Use: Other
Property SqFt: 4760
Remarks: 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.
Internet Remarks: 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.
Waterfront: No info
Days on Market: 181
Compass Point: NW
Office Name: LoKation
Area: 4760
Taxes: 8942
Tax Year: 2023
Listing Date: 2024-06-04T14:35:25.000-00:00
Lot Size Square Feet: 4760
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Price History
12/02/2024

Date

Price Reduced

Event

$859K

Price

-4.45%

Change Rate

$180 ft2 / $1,942 m2

Price Per

06/27/2024

Date

Price Increased

Event

$899K

Price

12.52%

Change Rate

$189 ft2 / $2,033 m2

Price Per

06/14/2024

Date

Price Reduced

Event

$799K

Price

-4.31%

Change Rate

$168 ft2 / $1,807 m2

Price Per

06/12/2024

Date

Price Reduced

Event

$835K

Price

-1.65%

Change Rate

$175 ft2 / $1,888 m2

Price Per

06/10/2024

Date

Price Reduced

Event

$849K

Price

-1.85%

Change Rate

$178 ft2 / $1,920 m2

Price Per

06/04/2024

Date

Listed

Event

$865K

Price

$182 ft2 / $1,956 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Alexandru Celea • LoKation • Buyer Agency Compensation .

Instant Comparative Market Analysis
$NaN/ft²

Unit 3128 NW 3rd Ave – Asking

$NaN/ft²

(0%) from Closed Medium $/ft²

Closed Medium $/ft²

$473/ft²
Community $/Price Range (Closed) $302/ft² – $691/ft²
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