Prime Investment Land
For Sale
$900,000
3123 NW 3rd Ave, Miami, FL 33127
T-4R property near Wynwood, Midtown, and Design District.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market277
Property Features for 3123 NW 3rd Ave
General Information
Standard status
Active
Lot size
0.06 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$380
Listing Agency:
Fausto Commercial Realty Consultants
(305) 510-6627
Listed By:
Vicente Rodriguez · License #3289280
(305) 510-6627
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 22
Last Checked: Aug 30 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants
Investment Insights
Based on property information with market context.
This property presents an assemblage opportunity and can be purchased with an adjacent property. The T-4R property features NRD-2 Zoning Overlay, allowing for a density of 150 units per acre, potentially accommodating up to 34 units. The location is near Wynwood, Midtown, and the Design District, with proximity to I-95 and I-195. The property is positioned to benefit from rental and housing demand due to its location near employment centers and entertainment venues. The property can be rented while obtaining building approvals. Local developers are pursuing condo conversions, workforce housing, and traditional apartment rentals in the area.
Key Highlights
- Assemblage opportunity: Can be bought with adjacent property (287 NW 31st St).
- High‑density zoning: T‑4R with NRD‑2 overlay allows up to 34 units as of right and a density of 150 units per acre.
- Strategic location: Blocks from Wynwood, Midtown, and the Design District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - T-4R property near Wynwood, Midtown, and Design District.
Where is this commercial land located?
The property is located at 3123 NW 3rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Assemblage opportunity: Can be bought with adjacent property (287 NW 31st St).; High‑density zoning: T‑4R with NRD‑2 overlay allows up to 34 units as of right and a density of 150 units per acre.; Strategic location: Blocks from Wynwood, Midtown, and the Design District.
