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Published on: Tuesday, May 13, 2025
Updated on: Tuesday, May 13, 2025
About the Lister
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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 Other/Industrial

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
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

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053 Request Quote
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126 Request Quote
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Listing Location
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Modified On: 10/21/2025
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Listing ID: CL-Florida-25823
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Title: Beautiful Multifamily
Address: 531 NE 71st St , Miami Florida 33138
Listing ID: CL-Florida-25821
Listing Type: Commercial
Category: Multifamily - Duplex/Triplex/Fourplex
Status: Accepting Offers
Created On: 7/3/2025
Modified On: 7/3/2025
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Title: Prime North Beach 20-Unit Multifamily
Address: 7300 Harding Ave , Miami Beach Florida 33141
Listing ID: CL-Florida-25167
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Category: Multifamily - Other
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Created On: 5/13/2025
Modified On: 5/13/2025
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