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

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.

66 days

108

3

Facts & 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

View 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

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	--