2723 NW 3rd St
Alameda - West Flagler, Miami, FL · 4 days on market · View on Zillow




$500K somewhere else buys…
Same budget, different city — the whole point of this site2 bedrooms · 1 baths · 1,902 sqft · 7,930 sqft lot
Built 1940 · Open Parking · Pool · $263/sqft (city median $425)
Prime redevelopment opportunity or remodel in a highly desirable Miami location surrounded by new construction and continued investment. Ideal for developers, investors, or end users looking to build a custom residence or renovate the existing property. Centrally located near Coral Gables, Coconut Grove, Brickell, top schools, dining, and shopping.
What this place offers
- Private pool
- Heating: Central
- Cooling: Central Air
- Open Parking
The numbers
$9K/yr
Property tax (actual rate)
$2K/yr
Insurance (quoted)
Price history
Up 231% since 2000
$500,000
You'd need about $146,515/yr in household income (28% rule) plus $100,000 in cash.
Would rent for ~$1,994/mo · 4.8% gross yield
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