Single Family Residence
1267 NW 3rd St
1267 NW 3rd St, Miami FL 33125
$535,000
2 Beds · 1 Bath · 1,090 SqFt
See estimated monthly costThis listing is courtesy of Compass Florida, LLC. Avisha Kassir
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,090
- Full bathrooms
- 1
- First Floor Entry
- Family Room
Building & exterior
- Year built
- 1924
- Lot size (sq ft)
- 5,000
- None
- Other
- On Street
HOA (homeowners association)
- Pets allowed
- Yes
- See Broker Remarks
Taxes
- Annual tax
- $11,232
- Tax year
- 2025
- Parcel number
- 01-41-02-005-7430
Listing
- MLS number
- A12033606
- Property type
- Single Family Residence
- Price per SqFt
- $491
- Subdivision
- LAWRENCE EST LAND CO
- On market since
- Jun 8, 2026
- Days on market
- 1
Estimated monthly cost
$4,043 per month
- Principal & interest (30 yr)
- $2,705
- Property tax
- $936
- Insurance (estimated)
- $401
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Sports Leadership and Management (SLAM) CHS
- Sports Leadership Arts Management CHS
- Mater Preparatory Academy
- Sports Leadership and Management (SLAM) CHS
- Young Women''s Preparatory Academy
- Charter High School of the Americas
- Lincoln-Marti Schools #10- 1st St
- Riverside Elementary
- Charter High School of the Americas (Gr. 9- 11)
- Lincoln-Marti Charter School
- Mater Academy East Middle School
- Mater Academy East High School
- Everyday Assignments LLC
- Lincoln-Marti Community Agency 01
- Lincoln-Marti Schools - 01-953
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