Home » Miami » 3128 NW 3rd Ave, Miami, FL 33127 | A11600817

Residential For Sale 3128 NW 3rd Ave, Miami, FL 33127

$859,000
Price has decreased by $6,000

Property Highlights

Listing ID A11600817 Status of this Listing: Active Under Contract (An offer has been accepted, considering Backup Offers) For Sale Property Type Land Residential Lot area 4,760 Sqft/442.22 m2 approx. Seller considers Owner Financing Time of this property on Rebonus 246 Day(s)

3128 NW 3rd Ave, Miami, FL 33127

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.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$899,000
Original List Price:$865,000

Business Info

Gross Scheduled Income:4800
Financial Data Source:
  • Other

Land Lot (Parcel) Details

Number of Lots:1
Lot Size Acres:0.11
Lot Features:
  • <1 Acre
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Current Use:
  • Other
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$8,942

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
  • 1031 Exchange
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:NORTHERN BLVD TRACK
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
  • Trash Collection
  • Phone Available
Water Source:
  • Public

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1076079406
Subdivision Number24

Zoning and Legal

Tax Legal Description:NORTHERN BLVD TR PB 2-29 S47.6FT OF N97.6FT OF LOTS 1 & 2 BLK 5 LOT SIZE 47.600 X 100 OR 14441-1049 0589 1 COC 24046-2699 12 2005 1
Real Estate Folio Number (Parcel Number):01-31-25-024-0810
Zoning Description:3900
Public Survey Township:1
Public Survey Range:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:June 4, 2024 2:35 pm
On Market Date:June 4, 2024
Price Change Date Time:December 2, 2024 10:35 am
Last Important Update Description:Active Under Contract (An offer has been accepted, considering Backup Offers)
Date and Time of Last Important Update:December 27, 2024 10:24 am
Status Last Changed:December 27, 2024 10:24 am
Photos Last Modified:September 26, 2024 1:49 pm
Last Modified:December 27, 2024 3:24 pm
Days on the Market Reference Date:December 27, 2024
Days on the Market (updated on Last Modified*):206
Cumulative Days on the Market (updated on Last Modified**):206

Additional Information

Lot Size Range:Less Than 1 Acre
Number of Photos:32
Location:,City Location,Less Than 1 Acre
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:LoKation
Universal Property Id:US-12025-N-0131250240810-R-N

Location

Show Property Address:Yes
Street Name:3rd Ave
Street Number:3128
Street Direction Prefix:NW
Street Address:3128 NW 3rd Ave
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade
Full Address:3128 NW 3rd Ave, Miami, FL 33127
Latitude:N25° 48' 22.5''
Longitude:W81° 47' 54.4''

Neighborhood

Postal City:Miami

Property Map