South Florida
Northern Boulevard, 3128 NW 3rd Ave Miami, 33127
$899,000Price
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MLS Number: A11600817
On Site: 169 Days
Updated: 28 Days ago
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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 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 4.8% cap rate while you develop plans. The layouts are for illustration purposes, no plans submitted.
Features
All features
Current Use: Other
Property SqFt: No info
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 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 4.8% 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 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 4.8% cap rate while you develop plans. The layouts are for illustration purposes, no plans submitted.
Waterfront: No info
Days on Market: 141
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
Price History
06/27/2024
Date
Price Increased
Event
$899K
Price
12.52%
Change Rate
$∞ ft2 / $∞ m2
Price Per
06/14/2024
Date
Price Reduced
Event
$799K
Price
-4.31%
Change Rate
$∞ ft2 / $∞ m2
Price Per
06/12/2024
Date
Price Reduced
Event
$835K
Price
-1.65%
Change Rate
$∞ ft2 / $∞ m2
Price Per
06/10/2024
Date
Price Reduced
Event
$849K
Price
-1.85%
Change Rate
$∞ ft2 / $∞ m2
Price Per
06/04/2024
Date
Listed
Event
$865K
Price
$∞ ft2 / $∞ 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
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Unit 3128 NW 3rd Ave – Asking
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(0%) from Closed Medium $/ft²
Closed Medium $/ft²
$473/ft²
Community $/Price Range (Closed) $302/ft² – $691/ft²
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