For sale

$1,350,000

3240 NW 3rd Ave, Miami, FL 33127

4beds

3baths

1,890sqft

$8,798/mo

Get pre-qualified

Duplex

Built in 1968

-- sqft lot

$1,258,400 Zestimate^®

$714/sqft

$-- HOA

What's special

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.

214 days

48

0

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

View 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

$1,258,400

$1.20M - $1.32M

$3,752/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	--