3128 NW 3rd Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33127
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Northern Blvd Track
MLS Listing ID A11600829
Year Built 1926
Annual Tax Amount $8,942
Tax Year 2023
Property 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 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.
Location
State FL
County Miami-dade
Community Northern Blvd Track
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional,1031 Exchange,Owner May Carry
Listing Terms Cash,Conventional,1031 Exchange,Owner May Carry