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3240 NW 3rd Ave

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Miami, FL 33127
$1,350,000
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  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property Description

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.

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    3240 NW 3rd Ave, Miami, FL 33127

    Property Stats

    1968 Year
    Active Status

    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.

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      Listing Courtesy of Compass Florida, LLC

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Miami-JTHS data last updated at March 24, 2026, 4:39 PM ET

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