Published on: Tuesday, May 13, 2025
Updated on: Tuesday, May 13, 2025
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Name: Vicente Rodriguez
Company: Fausto Commercial
Office Phone: 305-431-2258
Cell Phone: 305-510-6627
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  Prime Development Site Near Wynwood - Build Up to 34 Unit...
3123 NW 3rd Ave Miami Florida , 33127
3123 NW 3rd Ave Miami Florida                                                                                             , 33127  Fausto Commercial
Listing ID: CL-Florida-25168

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-25168
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: 2,688.00 SqFt.
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Exceptional development opportunity near Wynwood!
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: 2688 SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Exceptional development opportunity near Wynwood! This T4-R zoned property (with NRD-2 Overlay) offers the ability to build up to 34 units by right, at just $75,000 per buildable unit. Available individually or as part of an assemblage with 287 NW 31st St, the site is strategically positioned minutes from Wynwood, Midtown, the Design District, I-95, and I-195—placing it at the center of Miami’s hottest growth corridor.

This is an ideal site for condo conversions, workforce housing, or traditional apartment rentals, capitalizing on strong housing demand fueled by proximity to jobs and entertainment. Generate rental income while securing development approvals and join other successful nearby projects reshaping the area.

Additional Properties
Features
  • Prime location near Wynwood, Midtown & Design District
  • T4-R Zoning with NRD-2 Overlay
  • Up to 34 units buildable by right
  • Ideal for condo conversion, workforce housing, or rentals
  • Strong rental and housing demand due to job proximity
  • Hold and rent while securing building approvals
  • Easy access to I-95 and I-195
  • Surrounded by active development projects in high-growth zone

Business Opportunities

LoopingCloud is your gateway to connect with property buyers, sellers, and agents by showcasing your services, whether you specialize in legal support, title and escrow, inspections, appraisals, contracting or anything in between. Feature your business on residential and commercial listings and become a trusted part of every real estate transaction.
Company Name Business Type Contact Name Contact Number Actions
EW Title, LLC Title Services Erin (954) 849-7745 Request Quote
Listing Location
Lister's other Properties
Address: 7300 Harding Ave , Miami Beach Florida 33141
Listing ID: CL-Florida-25167
Listing Type: Commercial
Category: Multifamily - Other
Status: Accepting Offers
Created On: 5/13/2025
Modified On: 5/13/2025
7300 Harding Ave , Miami Beach Florida                                                                                              33141
Address: 259 NE 79th St , Miami Florida 33138
Listing ID: CL-Florida-15157
Listing Type: Commercial
Category: Land - Commercial
Status: Accepting Offers
Created On: 5/13/2025
Modified On: 5/13/2025
259 NE 79th St , Miami Florida                                                                                              33138
Address: 7825 Harding Ave , Miami Beach Florida 33141
Listing ID: CL-Florida-15154
Listing Type: Commercial
Category: Multifamily - Other
Status: Accepting Offers
Created On: 5/13/2025
Modified On: 5/13/2025
7825 Harding Ave , Miami Beach Florida                                                                                              33141
Address: 3245 NW 47th St , Miami Florida 33142
Listing ID: CL-Florida-13410
Listing Type: Commercial
Category: Multifamily - Duplex/Triplex/Fourplex
Status: Accepting Offers
Created On: 12/30/2024
Modified On: 3/25/2025
3245 NW 47th St , Miami Florida                                                                                              33142