3123 NW 3rd Ave, Miami FL 33127, MIAMI, FL, 33127
Active498 days on marketListed Mar 31, 2025MLS #A11773549
About this home
3123 NW 3rd Ave, Miami FL 33127
ASSEMBLAGE OPPORTUNITY! This property can be bought along with 287 nw 31st St (MLS#: A11732843). PRICE IS FLEXIBLE. This prime investment T-4R property with NRD-2 Zoning Overlay give this land the ability to build at a density of 150 units per acre, this means you can build up to 34 units as of right at $75,000 per buildable unit. Strategically located just blocks away from Wynwood, Midtown, and the Design District, and flanked by I-95 and I-195, this is an ideal investment due to strong rental and housing demand driven by its proximity to jobs and major entertainment areas. Rent the property while you get approved to build. The models being done by local developers are condo conversions, workforce housing, or traditional apartment rental, see remarks for other projects in the area.
Facts & features
The home at a glance
0.06 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,386 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,386/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Wynwood
Get to know Miami. See the full Miami guide →
Wynwood — neighborhood snapshot
Population
7,241
Median age
32
Median income
$42,572
Median home value
$68,671
Avg household
2
Households w/ children
645
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 110% above the MIAMI 33127 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 3123 NW 3rd Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$685,000
260 NW 34th St, Miami FL 33127 · same community
2 bd · 1 ba · 984 sqft · $696/sqft · 496 DOM
Sold · Jun ’26$950,000
34 NW 34th Ter, Miami FL 33127 · same community
3 bd · 1 ba · 1,372 sqft · $692/sqft · 347 DOM
Sold · Mar ’26$550,000
1600 NE 1st Ave # 2816, Miami FL 33132
2 bd · 2 ba · 492 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jillian Kobylesky
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3123 NW 3rd Ave — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3123 NW 3rd Ave — before you fall in love.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3123 NW 3rd Ave FAQs
What would the monthly payment be for 3123 NW 3rd Ave, Miami FL 33127?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,386/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3123 NW 3rd Ave, Miami FL 33127?+
The most recent tax bill on record (2024) was $380. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $900,000, this home is listed about 48% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3123 NW 3rd Ave, Miami FL 33127?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$900,000 runs 110% above the MIAMI 33127 median.
02Time on market is leverage
498 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $950,000, now $900,000 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Vicente Rodriguez. MLS #A11773549.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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