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.
For sale
$1,350,000
3240 NW 3rd Ave, Miami, FL 33127
4beds
3baths
1,890sqft
Duplex
Built in 1968
-- sqft lot
$1,248,200 Zestimate®
$714/sqft
$-- HOA
What's special
- 167 days |
- 26 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Louis Wintters 305-300-6813,
Compass Florida, LLC,
Neal Klotsman 646-413-0794,
Compass Florida, LLC
Source: MIAMI,MLS#: A11943253
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 2,050
- Total interior livable area: 1,890 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131250240581
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Northern Blvd Track
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $714/sqft
- Tax assessed value: $729,907
- Annual tax amount: $8,226
- Date on market: 1/23/2026
- Listing terms: All Cash,Conventional
Estimated market value
$1,248,200
$1.19M - $1.31M
$3,015/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listed for sale | $1,350,000+4%$714/sqft |
Source:  MIAMI #A11943253 Report a problem | ||
| 1/3/2026 | Listing removed | $1,298,000$687/sqft |
Source: MIAMI #A11720891 Report a problem | ||
| 1/10/2025 | Listed for sale | $1,298,000+768.2%$687/sqft |
Source: MIAMI #A11722015 Report a problem | ||
| 5/17/2017 | Listing removed | $1,400$1/sqft |
Source: Premier Properties Int'l Inc. #A10276744 Report a problem | ||
| 5/13/2017 | Listed for rent | $1,400$1/sqft |
Source: Premier Properties Int'l Inc. #A10276744 Report a problem | ||
| 9/25/2002 | Sold | $149,500+113.6%$79/sqft |
Source: Public Record Report a problem | ||
| 5/20/2002 | Sold | $70,000+11.1%$37/sqft |
Source: Public Record Report a problem | ||
| 7/2/1996 | Sold | $63,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,226 -0.1% | $413,201 +0.3% |
| 2024 | $8,233 +77.1% | $411,891 +197.3% |
| 2023 | $4,648 +29.3% | $138,565 +7.6% |
| 2022 | $3,595 +23.2% | $128,782 +15.3% |
| 2021 | $2,918 +19.8% | $111,717 +6.9% |
| 2020 | $2,435 +7.7% | $104,544 +7.1% |
| 2019 | $2,262 +7.8% | $97,651 +6.8% |
| 2018 | $2,098 | $91,469 +6.7% |
| 2017 | $2,098 +2.8% | $85,729 +6.6% |
| 2016 | $2,041 +19% | $80,457 +5.7% |
| 2015 | $1,715 +13.1% | $76,091 +5.6% |
| 2014 | $1,517 +3% | $72,067 +5.7% |
| 2013 | $1,473 | $68,149 -0.6% |
| 2012 | $1,473 -10.8% | $68,546 -14.7% |
| 2011 | $1,651 -28.1% | $80,393 -23.4% |
| 2010 | $2,296 -20.6% | $104,917 -22.4% |
| 2009 | $2,890 -22.1% | $135,265 -2.1% |
| 2007 | $3,710 +13.9% | $138,114 |
| 2006 | $3,257 | -- |
| 2005 | $3,257 -4.1% | -- |
| 2004 | $3,397 +9.5% | -- |
| 2003 | $3,101 +14.4% | -- |
| 2002 | $2,710 | -- |
| 2001 | $2,710 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Wynwood - Edgewater
Nearby schools
GreatSchools rating
- 3/10Eneida M. Hartner Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Miami-Dade County
- Miami
- 33127
- Wynwood - Edgewater
- 3240 NW 3rd Ave
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Nearby neighborhoods
Nearby zip codes
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