Prime Redevelopment with Built-In Income Located just steps from Marlins Park and minutes to Downtown, Brickell, and the Miami River District, this property sits in one of Miami’s fastest-growing corridors surrounded by billions in new investment. Zoned for 6–12 units, the 5,000 SF lot offers multiple profitable paths — build, hold, or flip. The existing single-family home is currently rented and brings in $2,900/month, allowing you to earn income while planning and permitting your next project. With strong rental demand and ongoing neighborhood transformation, this is an ideal opportunity for investors seeking cash flow today and development upside tomorrow.
For sale
$535,000
1267 NW 3rd St, Miami, FL 33125
2beds
1,090sqft
Single Family Residence
Built in 1924
5,000 Square Feet Lot
$-- Zestimate®
$491/sqft
$-- HOA
What's special
- 20 days |
- 87 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Avisha Kassir 571-436-7551,
Compass Florida, LLC
Source: MIAMI,MLS#: A12033606
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Heating
- Window/Wall
Cooling
- Ceiling Fan(s)
Appliances
- Included: Refrigerator
Features
- Flooring: Wood
Interior area
- Total structure area: 1,266
- Total interior livable area: 1,090 sqft
Video & virtual tour
Property
Parking
- Parking features: Other, On Street
- Has uncovered spaces: Yes
Features
- Entry location: First Floor Entry
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Size: 5,000 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0141020057430
- Zoning: 6107
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Shingle
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Lawrence Est Land Co
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $491/sqft
- Tax assessed value: $542,915
- Annual tax amount: $11,232
- Date on market: 6/8/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $535,000-10.7%$491/sqft |
Source:  MIAMI #A12033606 Report a problem | ||
| 6/6/2026 | Listing removed | $599,000$550/sqft |
Source: MIAMI #A11883901 Report a problem | ||
| 2/3/2026 | Price change | $599,000-7.8%$550/sqft |
Source: MIAMI #A11883901 Report a problem | ||
| 10/13/2025 | Listed for sale | $650,000-9.7%$596/sqft |
Source: MIAMI #A11883901 Report a problem | ||
| 10/23/2023 | Listing removed | -- |
Source: MIAMI #A11355182 Report a problem | ||
| 3/10/2023 | Listed for sale | $720,000+38.5%$661/sqft |
Source: MIAMI #A11355182 Report a problem | ||
| 12/14/2022 | Sold | $520,000-13.3%$477/sqft |
Source: Public Record Report a problem | ||
| 10/12/2022 | Listed for sale | $600,000$550/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,232 +3.2% | $542,915 +5.4% |
| 2024 | $10,880 +8.8% | $514,858 +10% |
| 2023 | $10,001 +149.7% | $468,053 +320.7% |
| 2022 | $4,006 +5.5% | $111,261 +10% |
| 2021 | $3,797 +16.9% | $101,147 +14.1% |
| 2020 | $3,247 -5.6% | $88,630 +10% |
| 2019 | $3,441 +19.1% | $80,573 +10% |
| 2018 | $2,890 | $73,249 +10% |
| 2017 | $2,890 +21.4% | $66,590 +10% |
| 2016 | $2,381 +15.1% | $60,537 +10% |
| 2015 | $2,069 +12.4% | $55,034 +10% |
| 2014 | $1,841 +18% | $50,031 +0.1% |
| 2013 | $1,560 | $50,003 -2.2% |
| 2012 | $1,560 +0.2% | $51,150 +10% |
| 2011 | $1,556 -45.2% | $46,500 -54.2% |
| 2010 | $2,840 -43.9% | $101,619 -50.1% |
| 2009 | $5,062 -8.9% | $203,500 -13.8% |
| 2007 | $5,557 +37.8% | $236,163 |
| 2006 | $4,032 | -- |
| 2005 | $4,032 +20.8% | -- |
| 2004 | $3,339 +39.9% | -- |
| 2003 | $2,386 +17.1% | -- |
| 2002 | $2,038 | -- |
| 2001 | $2,038 | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Little Havana
Nearby schools
GreatSchools rating
- 3/10Riverside Elementary Community SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33125
- Little Havana
- 1267 NW 3rd St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Miami Topics
