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3701 NW 3rd Ave
Miami, FL 33127
Land For Sale · 0.16 AC

Investment Highlights

  • 6,784 SF ± development site with T5-O zoning in Wynwood Norte NRD-2 Overlay.
  • Exceptional visibility from I-195 with an average daily traffic count of 147,000 vehicles.
  • Ideal for multi-family, live-work, boutique hotel, or mixed-use development.
  • Approximately 27 buildable units allowed under current zoning.
  • Development incentives available, including potential parking reductions.
  • Adjacent parcel available for expanded development opportunities.

Executive Summary

• Located within the” Wynwood Norte NRD-2 Overlay”
• Seller Financing Available
• Development Incentives for future development, including possible parking reductions
• Adjacent parcel available for sale

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.16 AC
Zoning T5-O - Urban Center Zone

1 Lot Available

Lot

Price $1,914,780 CAD
Price Per AC $12,294,800.74 CAD
Lot Size 0.16 AC

• Located within the” Wynwood Norte NRD-2 Overlay” • Approx. 27 buildable units allowed • Unobstructed visibility from 1-95 with approx. 147,000 Average Daily Traffic • Ideal for Multi-Family Development, Live Work, Off

Description

3701 NW 3rd Avenue presents a rare development opportunity in Miami’s thriving Midtown and Wynwood corridor. This 6,784 SF ± site is strategically positioned with direct visibility from I-195, which sees approximately 147,000 vehicles daily, offering exceptional exposure for future projects. The property is zoned T5-O and falls within the Wynwood Norte NRD-2 Overlay, allowing for flexible development options and approximately 27 buildable units. The site is ideal for multi-family residential, live-work concepts, boutique hotel, or mixed-use development. Development incentives, including potential parking reductions, further enhance the feasibility and value of this property. An adjacent parcel is also available for sale, creating the possibility for an expanded footprint and larger-scale project. Located minutes from Wynwood, Midtown, and the Design District, the property benefits from proximity to Miami’s most dynamic neighborhoods, cultural destinations, and retail hubs. Quick access to I-95 and I-195 ensures excellent connectivity to Downtown Miami, Miami Beach, and Miami International Airport. Seller financing is available, making this an attractive opportunity for developers and investors seeking a high-visibility site in one of Miami’s fastest-growing markets.

  • Listing ID: 34020304

  • Date on Market: 2024-11-27

  • Last Updated:

  • Address: 3701 NW 3rd Ave, Miami, FL 33127

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