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$950,000
For Sale

3123 NW 3rd Ave

·

Miami-Dade

Listed on March 31, 2025

Residential

MLS® # A11773549
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$2,688 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$380

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.

Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 3123 NW 3rd Ave

Property Details

  • Property Type
    Residential
  • Living Area
    -
  • Year Built
    Year Built
  • Lot Size
    2,688 sqft
  • Stories
    -
  • Annual Tax
    $380.00
  • List Date
    3/31/2025
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11773549
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33127
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Available
  • List Price
    $950,000.00
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
    –
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Virtual Tour

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Real estate trends

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Explore Miami-Dade

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Mortgage Calculator
Estimate monthly payments for 3123 3rd Ave
20.5%100%
Estimated Monthly Payment
$3,827
Cash Flow Analysis
Mortgage Payment:
$3,827
Monthly Payment:
$3,858.67
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this beautiful residential in the heart of Miami. Offered at $950,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 3123 NW 3rd Ave

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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