Residential in 3123 NW 3rd Ave Miami for sale with MLS# A11773549

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.

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Days on the market

3123 NW 3rd Ave, Miami, FL 33127

Price
Price:
$900,000.00
Previous Asking Price:
$950,000.00
Original List Price:
$950,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Residential
MLS Number:
A11773549
Description of Last Important Update:
Price Change
Last Major Update on:
December 2, 2025 8:37 am
Measures
Lot Area:
2,688 Sqft
Lot Size Unit:
Square Feet
Lot Size Acres:
0.06
Number of Lots:
1
Property Features
Waterfront:
No
Building:
Other
Property Entrance Faces:
West
Taxes and Expenses
Tax Annual Amount:
$380.00
Tax Year:
2024
Parking
Covered Spaces:
0
Community
Subdivision Name:
WYND WOOD PARK
Senior Community:
No
Development Status:
Other
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
WYNDWOOD PARK PB 5-23 N42FT OF LOT 10 BLK 16 LOT SIZE 42.000 X 64 OR 19451-1249 12 2000 1
Real Estate Folio Number (Parcel Number):
01-31-25-019-3120
Zoning Description:
3900
Listing History
Originally published on:
March 31, 2025 11:54 am
Active on the market since:
March 31, 2025
Price change occurred on:
December 2, 2025 8:37 am
Listing Status Last Changed On:
March 31, 2025 11:54 am
Photos updated on:
March 31, 2025 4:16 pm
Last Modified:
March 18, 2026 3:10 pm
Additional Information
Flood Zone:
X
Municipal Code:
1
Subdivision Number:
19
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
Street Name:
3rd Ave
Street Number:
3123
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 21.8''
Longitude:
W81° 47' 56''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 45 Good
🫁 PM2.5 37 Good
💨 PM10 24 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.