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.

Address

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Address: 3rd Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: WYND WOOD PARK

Details

Updated on March 19, 2026 at 3:01 am

Property ID A11773549
Price $900,000
Land Area 0.06 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName WYND WOOD PARK
ContractStatusChangeDate 2025-03-31
CurrentUse Multi-Family, Other Usage
DaysOnMarket 352
DevelopmentStatus Other
DirectionFaces West
ExpirationDate 2026-09-30
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-510-6627
ListingTerms All Cash, Conventional, FHA
LotFeatures Near School, Other
LotSizeSquareFeet 2688
MLSAreaMajor Wynd Wood Park
MajorChangeTimestamp December 2, 2025 at 01:37pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 18, 2026 at 03:09pm
OnMarketDate 2025-03-31
OriginalEntryTimestamp March 31, 2025 at 03:54pm
OriginalListPrice 950000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures Other Bldg Incl
ParcelNumber 01-31-25-019-3120
PhotosChangeTimestamp March 31, 2025 at 04:18pm
PhotosCount 15
PostalCodePlus4 3725
PreviousListPrice 950000
PriceChangeTimestamp December 2, 2025 at 01:37pm
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 409308499
StateOrProvince FL
StatusChangeTimestamp March 31, 2025 at 03:54pm
StreetDirPrefix NW
StreetName 3rd Ave
StreetNumber 3123
StreetNumberNumeric 3123
StructureType Residential
SyndicationRemarks 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.
TaxAnnualAmount 380
TaxLegalDescription WYNDWOOD PARK PB 5-23 N42FT OF LOT 10 BLK 16 LOT SIZE 42.000 X 64 OR 19451-1249 12 2000 1
TaxYear 2024
Vegetation Other Trees
Zoning 3900