3240 NW 3rd Ave
Miami, FL 33127
4
Bed
3
Bath
1,890Sqft
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
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1968Building Area Total: 2050Construction Materials: BlockStories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: NORTHERN BLVD TRACK Source Property Type: ResidentialIncome Postal Code Plus 4: 3402 Zoning Description: 3900 Property SubType: Duplex Levels: One Property Age: 58
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Listing Price Information
Listing Price: $1350000Cash, Conventional
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Tax Information
Parcel Number: 01-31-25-024-0581 Tax Year: 2025 Annual Tax: $8226 Tax Legal Desc: 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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Parking Information
Parking Total: 5
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Utility Information
CableNotAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 412 NW 41st St, Miami, FL, 33127 | $1,395,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 111 NW 46th St, Miami, FL, 33127 | $1,495,000 | 3 | 2 | 1,366 | 1,366 SqFt |
| 5627 NW 9th Ave, Miami, FL, 33127 | $575,000 | 6 | 4 | 1,740 | 1,740 SqFt |
| 5510 NW 1st Ave, Miami, FL, 33127 | $895,000 | 3 | 3 | 1,178 | 1,178 SqFt |
| 4125 NW 5th Ave, Miami, FL, 33127 | $3,300,000 | 4 | 5 | 4,328 | 4,328 SqFt |
| 510 NW 47th Street, Miami, FL, 33127 | $765,000 | 4 | 3 | 1,383 | 1,383 SqFt |
| 412 NW 47th St, Miami, FL, 33127 | $1,999,999 | 5 | 4 | 2,472 | 2,472 SqFt |
| 5800 NW 5th Ave #5800, Miami, FL, 33127 | $1,150,000 | 4 | 4 | -- | |
| 545 NW 52nd St, Miami, FL, 33127 | $1,380,000 | 4 | 2 | 1,606 | 1,606 SqFt |
| 1195 NW 48th St, Miami, FL, 33127 | $450,000 | 3 | 2 | 1,177 | 1,177 SqFt |
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ByOwner last updated this listing 06/06/2026 @ 11:28
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