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0 Baths
1,890 sqft

$1,350,000

3240 NW 3rd Avenue, Miami FL, 33127

Price per sqft$714.29
Built in1968
Property size1,890 sqft
Property typeMulti-family

Overview

Active

Listed Jan 23, 2026

Updated 2 weeks ago

Prime Wynwood Development OpportunityLocated 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.

$8,982/mo

Est. mortgage payment based on a $1,350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$8,226
Tax Frequency
Annually

Listed with Compass Florida, LLC

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Data last updated 12:08 PM UTC, 9/23/2026

 

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