3128 NW 3rd Ave, Miami FL 33127

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Description

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    View on Map:

    3128 3rd Ave, Miami, FL, Miami-Dade County, 33127

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    Residences:

    Bedrooms

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    Maintenance:

    TBD:

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    Bed:

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    Size square feet:

    sq.ft.

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    Bath:

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    Price:

    $899 000

NORTHERN BLVD TRACK

3128 3rd Ave, Miami, FL, Miami-Dade County, 33127

3128 NW 3rd Ave, Miami FL 33127

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Description:

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 3/2 plus den, and a rear 1/1. An additional structure can be converted into an efficiency as well. New central AC system. Market rent estimated at $5500 (long-term), yielding a 5%+ entry cap rate while you develop.

img Basics
img Description
    Description

    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 3/2 plus den, and a rear 1/1. An additional structure can be converted into an efficiency as well. New central AC system. Market rent estimated at $5500 (long-term), yielding a 5%+ entry cap rate while you develop.

img Location
img Building Details
    Subdivision Name
    NORTHERN BLVD TRACK
    Lot Features
    City Location, Less Than 1 Acre
    Building Type
    Residential
img Amenities & Features
    Sewer
    Public Sanitation
    Water Source
    Municipal Water
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