3123 NW 3rd Ave Miami, FL 33127
Wynwood NeighborhoodEstimated payment $5,335/month
Total Views
1,208
0.06
Acre
$15,833,333
Price per Acre
2,688
Sq Ft Lot
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $380
Year Built
- 1927
Lot Details
- 2,688 Sq Ft Lot
- West Facing Home
- Landscaped with Trees
- Property is zoned 3900
Community Details
- No Home Owners Association
- Wynd Wood Park Condos
- Wynd Wood Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-019-3120
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $380 | $19,493 | -- | -- |
| 2023 | $380 | $18,926 | $0 | $0 |
| 2022 | $380 | $18,375 | $0 | $0 |
| 2021 | $380 | $17,840 | $0 | $0 |
| 2020 | $380 | $17,594 | $0 | $0 |
| 2019 | $380 | $17,199 | $0 | $0 |
| 2018 | $380 | $16,879 | $0 | $0 |
| 2017 | $380 | $16,532 | $0 | $0 |
| 2016 | $380 | $16,192 | $0 | $0 |
| 2015 | $380 | $16,080 | $0 | $0 |
| 2014 | $380 | $15,953 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $950,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $18,000 | -- | |
| Warranty Deed | $22,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,000 | Credit Line Revolving | |
| Previous Owner | $21,000 | No Value Available |
Source: Public Records
Similar Properties in Miami, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11773549
APN: 01-3125-019-3120
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