Price reduced
Photo 1 of 6$1,350,000
For sale3240 NW 3rd Ave, Miami FL 33127
1,890 sq ftBuilt 1968MLS# A11943253
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About this property
Prime Wynwood Development Opportunity
Located in the heart of Wynwood, this 5,000 sq ft lot is zoned T4-R under the City of Miami’s Miami 21 code, allowing for medium-density residential development and the potential for a multi-story project, subject to final design, density calculations, parking requirements, and city approvals.
The property currently consists of three existing units providing income while redevelopment plans are pursued. Ideal for a developer or investor seeking a residential project in a rapidly appreciating area near the Design District, Midtown, and Brickell.
Buyer to verify zoning, allowable density, unit count, and development potential with the City of Miami.
Property details
- Property type
- Multi-family
- Year built
- 1968
- Living area
- 1,890 sq ft
- Price per sq ft
- $714
- Property taxes
- $8,226/yr
- Parking
- 5 spaces
- Building / community
- Northern Blvd Track
- Status
- For sale
- MLS #
- A11943253
Location
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