by RH Advisors

Check Availability
$1,850,000
House - For Sale

3435 NW 3rd Ave

Miami, FL 33127
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1187 Sqft
$9,190
Estimated Monthly
$0
HOA / Fees
2.72%
Cap Rate

About This Property

Remarkable Development opportunity in the heart of Wynwood! 5000 SQ FT Lot. T4R offers the opportunity to build up to 4 floors and up to 17 units under the new Miami 21 Zoning Code. Zero parking also allowed to enable max number of units (3 floors & 70% lot coverage) Current house can be rented AIRBNB while waiting on plans. Strategically located just steps away from Midtown shops & the Wynwood Arts District, this property's prime position extends its allure to the Design District, Brickell, world-renowned art galleries, antique shops, fine dining, shopping, and much more. Embrace the future of Miami, seize the moment!
Unit Size
1,187Ft²
Days on Market
160 days
Land Size
0.11 acres
Price per sqft
$1,559
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1948
Listed By
Renier Casanova
Engel & Voelkers Coconut Grove
Jesus Gonzalez
Urban International Realty
Last updated: 3 months ago (Miami MLS #A11493193)

Price History

Date / Event Date Event Price
Nov 29, 2023 Listed by Compass Florida, LLC. $1,850,000
Listed by Compass Florida, LLC.
Remarkable Development opportunity in the heart of Wynwood! 5000 SQ FT Lot. T4R offers the opportunity to build up to 4 floors and up to 17 units under the new Miami 21 Zoning Code. Zero parking also allowed to enable max number of units (3 floors & 70% lot coverage) Current house can be rented AIRBNB while waiting on plans. Strategically located just steps away from Midtown shops & the Wynwood Arts District, this property's prime position extends its allure to the Design District…
Sep 27, 2023 No longer available -
No longer available
May 5, 2023 Listed by Compass Florida, LLC. $1,850,000
Listed by Compass Florida, LLC.
Development Land opportunity in the heart of Wynwood Miami. This single family home lays on a 5,000 SQ FT lot which has been rezoned under the NRD-2 Urban Core opportunity zone. City of Miami allows for developers to build up to 4 floors and up to 17 rental units. Contact me for a scheduled visit and the chance to own your own slice of heaven in the Wynwood Norte district. Scheduled appointments via showing request on MLS as property is owner occupied.

Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Covered, Driveway
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 1

Bedroom Information

Bedrooms: 2
Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Interior Information

Interior Features: First Floor Entry, Built-in Features, Den/Library/Office, Family Room, Florida Room
Appliances: Dishwasher, Disposal, Electric Water Heater, Other Equipment/Appliances
Flooring Type: Ceramic Floor

Room Information

Living Room Features: Den/Library/Office, Family Room, Florida Room

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,357
  • Gross Building Area: 1,357
  • Building Area: 1,187
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,187
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: WYNDWOOD PARK
  • Land Acres: 0.115
  • Legal Description 1: 25 53 41 WYNDWOOD PARK PB 5-23 W100FT OF LOT 9 BLK 4 LOT SIZE 50.000 X 100 OR 20835-0696 10 2002 1

Ownership

  • Current Owner : MARTINEZ FIDEL
  • Current Owner 2: MARTINEZ TEODESVIND
  • Previous Owner : ALVARADO TELMA L
  • Owner Before Previous Owner: SEC OF HUD
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002600

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 152
  • District: 01
  • Parcel: 01-3125-019-0640
  • Block: 4
  • Lot: 9
  • Meridian: SEC 25 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8089
  • Longitude: -80.2012

    Address

  • Full Address: 3435 Nw 3rd Ave
  • Address - House Number: 3435
  • Street Direction: NW
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C008
  • 4-Digit Zip Code: 3405
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 1,244
  • Tax Year: 2023
  • Tax Amount: $1,270
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,330,754
  • High Value: 1,575,356
  • Low Value: 1,086,152

    Market Valuation

  • Market Total Value: $706,358
  • Market Land Value: $625,000
  • Market Improvement Value: $81,358

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,144

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Dec 02, 2002
  • Current Sale Transaction ID: 11459821445
  • Current Sale Price: $99,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Nov 02, 1999
  • Previous Sale Amount: $50,200
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
3 Baths
1,673 ft²
$944/ft²
$1,580,000 Apr 11, 2023
$1,580,000 Nov 9, 2023
$3,380/mo
Condo
3 Beds
4 Baths
1,526 ft²
$957/ft²
$1,460,000 Mar 6, 2023
$1,460,000 Sep 3, 2023
$3,470/mo
Condo
3 Beds
4 Baths
1,698 ft²
$954/ft²
$1,620,000 Aug 4, 2023
$1,620,000 Oct 18, 2023
$3,686/mo
Condo
3 Beds
4 Baths
1,634 ft²
$1,147/ft²
$1,875,000 Sep 29, 2023
$1,875,000 Nov 20, 2023
$3,810/mo
Condo
3 Beds
3 Baths
1,708 ft²
$1,016/ft²
$1,735,000 Jul 24, 2023
$1,735,000 Sep 29, 2023
$3,698/mo
Condo
3 Beds
4 Baths
1,868 ft²
$870/ft²
$1,625,000 Jan 2, 2023
$1,625,000 Sep 8, 2023
$4,072/mo
House
3 Beds
2 Baths
1,220 ft²
$1,721/ft²
$2,100,000 Jun 23, 2022
-
$118/mo
Condo
2 Beds
3 Baths
1,220 ft²
$1,225/ft²
$1,495,000 Oct 31, 2023
-
$5,316/mo
Condo
2 Beds
3 Baths
1,387 ft²
$1,280/ft²
$1,775,000 Aug 27, 2023
-
$1,998/mo
Condo
2 Beds
3 Baths
1,437 ft²
$1,319/ft²
$1,895,000 Aug 28, 2023
-
$2,071/mo
Condo
2 Beds
2.5 Baths
1,387 ft²
$1,280/ft²
$1,775,000 Sep 14, 2023
-
$1,998/mo
Condo
2 Beds
3 Baths
1,437 ft²
$1,319/ft²
$1,895,000 Sep 14, 2023
-
$2,071/mo

About Northern Miami


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Frequently Asked Questions

When was property at 3435 Northwest 3rd Avenue built and last sold?
The property at 3435 Northwest 3rd Avenue was built in 1948 and last sold on Jan 1, 1970 for $99,000.
How much is this home worth?
The estimated value of the home located at 3435 Northwest 3rd Avenue is $1,819,101.
What are some comparable homes to 3435 Northwest 3rd Avenue?
Homes that are comparable to 3435 Northwest 3rd Avenue include a house property at 49 Northwest 35th Street, a condo property at 115 Northwest 28th Street, 2020 North Bayshore Drive.

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