Northern Boulevard, 3128 NW 3rd Ave

$899K0.7%
$859,000
0.11
Acre
Status
OFF MARKETExpired
Size
0.11 Acres (442 m2)
Price
$7,809,091/Acre ($1,942/m2)
Type
Land
MLS Number
A11600817
On Site
832 Days
Updated
626 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: 206
  • 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

Current
$859K
High
$899K
Low
$799K
Total Change
-0.7%
$911K$849K$787KJun 24Jun 24Jun 24Jun 24Jun 24Dec 24
Date
Event
Price
Change
Price Per
12/02/2024
Price Reduced
$859K
-4.45%
$180 ft2
$1,942 m2
06/27/2024
Price Increased
$899K
12.52%
$189 ft2
$2,033 m2
06/14/2024
Price Reduced
$799K
-4.31%
$168 ft2
$1,807 m2
06/12/2024
Price Reduced
$835K
-1.65%
$175 ft2
$1,888 m2
06/10/2024
Price Reduced
$849K
-1.85%
$178 ft2
$1,920 m2
06/04/2024
Listed
$865K
 
$182 ft2
$1,956 m2
12/02/2024
$859K
Event
Price Reduced
Change
-4.45%
Price Per
$180 ft2
$1,942 m2
06/27/2024
$899K
Event
Price Increased
Change
12.52%
Price Per
$189 ft2
$2,033 m2
06/14/2024
$799K
Event
Price Reduced
Change
-4.31%
Price Per
$168 ft2
$1,807 m2
06/12/2024
$835K
Event
Price Reduced
Change
-1.65%
Price Per
$175 ft2
$1,888 m2
06/10/2024
$849K
Event
Price Reduced
Change
-1.85%
Price Per
$178 ft2
$1,920 m2
06/04/2024
$865K
Event
Listed
Price Per
$182 ft2
$1,956 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alexandru CeleaLoKation • Buyer Agency Compensation .

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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
86

100
Transit Score®
Good Transit. Many nearby public transportation options
56

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
76

100
Sound Score®
Very loud
67

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
42

100
Local Score
Limited local amenities nearby
3

100
Community Snapshot
1 – 3 BR
Bedrooms
$359K – $1.7M
Price Tier
400 - 7,150
SqFt Range
1974
Year Build
8
Total Floors

Subdivision Amenities

Cabana
Dog Park
Pool
Recreation Facilities
Sauna

Miami
High-End
High-End Homes & Condos

Northern Boulevard Communities in Miami, FL