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Multi-Family

727 NW 3rd St

727 NW 3rd St, Miami, FL 33128

Listing Price: $2,700,000

Lot Size
0.35 acres
Price/Acre
$7,734,070
Land Type
Land
Buildable Square Feet
15,207

Investment Overview

Marcus & Millichap, as exclusive agent, is pleased to present for sale 727 NW 3rd St (the “Land”) located in the City of Miami, FL. The land is conveniently located less than half a mile West from major Interstate I-95. The parcel falls next to the Miami River located in between East Little Havana and Downtown Miami connecting both areas by bridge allowing for easy access to both parts of the city. The lot consists of 15,207 square feet (0.35 Acres) zoned T6-8-R. The T6-8-R zoning allows for the opportunity to develop up to 8 stories, 52 units or 104 hotel keys permitted as of right. The site can be used for multifamily, office, retail, and hospitality. In the past 36 months, we have seen over 1,692 Multifamily Units completed within a .5 Mile Radius of the property. Additionally, there are 1,071 units in the pipeline. Some of the major employment centers and landmarks in the immediate area include Jackson North Medical Center, University of Miami School of Medicine, Miami Dade College, and more. The parcel is also located just a few minutes from Marlins Park, home of Major League Baseball’s Miami Marlins.

Investment Highlights

  • 15,207 SF (0.35 Acres) of Land (100x150)
  • T6-8-R Zoning
  • 52 Buildable Units as of right/ 104 Hotel Keys
  • Population Exceeding 290,000 within a 3-Mile Radius
  • Across from Seaspice, Kiki on the River, Garcia's seafood, & Casablanca
  • Major employment centers such as Jackson North Medical Center, Miami Dade College, University of Miami School of Medicine, and more located close by

Exclusively Listed By

Financing By

Multi-Family

727 NW 3rd St

Listing Price: $2,700,000

Lot Size
0.35 acres
Price/Acre
$7,734,070
Land Type
Land
Buildable Square Feet
15,207

Investment Highlights

  • 15,207 SF (0.35 Acres) of Land (100x150)
  • T6-8-R Zoning
  • 52 Buildable Units as of right/ 104 Hotel Keys
  • Population Exceeding 290,000 within a 3-Mile Radius
  • Across from Seaspice, Kiki on the River, Garcia's seafood, & Casablanca
  • Major employment centers such as Jackson North Medical Center, Miami Dade College, University of Miami School of Medicine, and more located close by

Investment Overview

Marcus & Millichap, as exclusive agent, is pleased to present for sale 727 NW 3rd St (the “Land”) located in the City of Miami, FL. The land is conveniently located less than half a mile West from major Interstate I-95. The parcel falls next to the Miami River located in between East Little Havana and Downtown Miami connecting both areas by bridge allowing for easy access to both parts of the city. The lot consists of 15,207 square feet (0.35 Acres) zoned T6-8-R. The T6-8-R zoning allows for the opportunity to develop up to 8 stories, 52 units or 104 hotel keys permitted as of right. The site can be used for multifamily, office, retail, and hospitality. In the past 36 months, we have seen over 1,692 Multifamily Units completed within a .5 Mile Radius of the property. Additionally, there are 1,071 units in the pipeline. Some of the major employment centers and landmarks in the immediate area include Jackson North Medical Center, University of Miami School of Medicine, Miami Dade College, and more. The parcel is also located just a few minutes from Marlins Park, home of Major League Baseball’s Miami Marlins.

Exclusively Listed By

Financing By

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