Interior
- Bathrooms
- 0
- Heating
- Central, Electric
Active · MultiFamily
$970,000
3128 NW 3rd Ave, Miami, FL 33127
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1926
- Lot size
- 4,760 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
4,760 SF T-4R zoned lot offering significant redevelopment potential. Zoning allows for up to 16 residential units or luxury townhomes with no parkings requirements. The property currently features a 3-bed/2 bath unit with den, providing interim income potential. Strategically located with direct access to I-95 and I-195. Situated in Wynwood Nord, an active redevelopment area supported by a municipal revitalization plan encouraging mid-rise and boutique residential projects. All information is approximate and not warranted or guaranteed.
Property location
Get Directions3128 NW 3rd Ave, Miami, FL 33127
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1926
- Lot size
- 4,760 sq ft
- Roof
- Other
- Construction
- Block
Parking
- Covered spaces
- 0
HOA, Community & Financials
- County
- Miami-Dade
- Days on market
- 0
- MLS listing ID
- A12030643
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,898
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $4,598/mo
- Down payment
- $242,500
- Loan amount
- $727,500
- Annual NOI
- $32,398
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.