Home/Search/3240 NW 3rd Ave, Miami FL 33127
3240 NW 3rd Ave, Miami FL 331271 / 6
For Sale
Duplex

$1,350,000

3240 NW 3rd Ave, Miami FL 33127

—

Bedrooms

—

Bathrooms

1,890

Sq Ft

About This Property

Prime Wynwood Development Opportunity Located in the heart of Wynwood, this 5,000 sq ft lot is zoned T4-R under the City of Miami’s Miami 21 code, allowing for medium-density residential development and the potential for a multi-story project, subject to final design, density calculations, parking requirements, and city approvals. The property currently consists of three existing units providing income while redevelopment plans are pursued. Ideal for a developer or investor seeking a residential project in a rapidly appreciating area near the Design District, Midtown, and Brickell. Buyer to verify zoning, allowable density, unit count, and development potential with the City of Miami.

Property Details

MLS #:A11943253
Price:$1,350,000
Status:For Sale
Days on Market:178
Date Listed:Jan 23, 2026
Living Area:1890 sqft
Building Area:2050 sqft
Price per Sqft:$714/sqft
Year Built:1968
Property Type:Residential Income
Property Sub Type:Duplex

Heating:Central
Cooling:Central Air
Flooring:Tile
Stories:1
Virtual Tour:Available

Architectural Style:Attached
Construction Materials:CBS Construction
Structure Type:Duplex
Roof:Shingle
Lot Features:Less Than 1/4 Acre Lot
Sewer:Public Sewer
Water Source:Municipal Water

Total Parking:5

Area/Region:Northern Blvd Track
Zoning:3900

Price per Sqft:$714/sqft
Annual Tax Amount:$8,226
Tax Year:2025
Listing Terms:All Cash, Conventional
Parcel Number:01-31-25-024-0581
Legal Description:25 53 41 NORTHERN BLVD TRACT PB 2-29 S50FT OF N100FT OF LOTS 1 & 2 BLK 4 LOT SIZE 50.000 X 100 OR 20680-3244 09 2002 1

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$1,350,000
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Estimated Monthly Payment

$8,637/mo

Principal & Interest$6,826
Property Tax$686
Insurance$1,125
Loan Amount$1,080,000
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REsource

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Listing courtesy of Compass Florida, LLC. Data last updated July 20, 2026 at 09:23 PM.