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3240 NW 3rd Avenue, Miami, FL 33127

$1,350,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11943253

Property Type: Residential Income Square Footage: 2,050 Status: Active

Current Price: $1,350,000 List Date: 1/23/2026 Last Modified: 6/19/2026

Overview

Description

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.

Listing Details MLS# A11943253

General Property Information

Number Of Units Total: 3
Property Sub Type: Duplex
Building Area Main: 2050
Living Area Main: 1890
Adjusted Area Main: 1876
Year Built: 1968
Parking Total: 5
Lot Size Dimensions: 5000
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Deposit - Security; Existing Survey Flooring: Tile Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1350000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 3240
Street Direction Prefix: NW
Street Name: 3rd
Street Suffix: Avenue
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3402
Postal Zip: 33127
Subdivision Name: NORTHERN BLVD TRACK
Area: 2310
Special Assessment YN: No
Parcel Number: 0131250240581
Subdivision Number: 24
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 8226
Tax Year: 2025
Tax 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

Status Change Information

Major Change Timestamp: 2026-01-23T22:12:07Z
Major Change Type: New Listing
Status Change Date: 2026-01-23

More Information

Unit 1 Details

Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Baths Full: Yes
Efficiency YN: Yes

Unit 3 Lease Description

Lease Term: Month To Month

Section Details

Parcel Number MLX: 0581

Originating Details

Originating System Key: 425216234
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Property Condition

Resale: Yes

Documents Available

Deposit - Security: Yes
Existing Survey: Yes

Structure Type

Duplex: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Central: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Income and Expenses

Gross Income: 0

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Tax Information

City/County: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Parking Features

Parking Space: Yes

Listing Office: Compass Florida, LLC

Last Updated: June - 19 - 2026

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