Duplex

3240 NW 3rd Ave

3240 NW 3rd Ave, Miami FL 33127

$1,350,000

For Sale

1,890 SqFt

See estimated monthly cost

This listing is courtesy of Compass Florida, LLC. Louis Wintters

Overview

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.

Facts & features

Interior

Living area (sq ft): 1,890

Building & exterior

Year built: 1968

Taxes

Annual tax: $8,226
Tax year: 2025
Parcel number: 01-31-25-024-0581

Listing

MLS number: A11943253
Property type: Duplex
Price per SqFt: $714
Subdivision: NORTHERN BLVD TRACK
On market since: Jan 23, 2026
Days on market: 178

Estimated monthly cost

$8,524 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $6,826
Property tax: $686
Insurance (estimated): $1,013

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

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Nearby schools

Jose De Diego Middle Public · 6-8 · 0.16 mi
Young Men''s Preparatory Academy Senior High Public · 6-12 · 0.21 mi
Eneida Massas Hartner Elementary Public · PK-5 · 0.22 mi
Metropolitan International School of Miami Private · PK-08 · 0.23 mi
Ebenezer Christian Academy Private · PK-12 · 0.43 mi
Mater International Preparatory Charter · 6-9 · 0.50 mi
Mater Academy of International Studies Charter · K-5 · 0.50 mi
Miami Arts Charter School Charter · 6-12 · 0.62 mi
Centner Academy - Preschool Private · PK-KG · 0.65 mi
Creative Kidz Prepatory Academy LLC Private · PK-05 · 0.70 mi
Step By Step Preparatory School LLC Private · PK-03 · 0.71 mi
Santa Clara Elementary Public · PK-5 · 0.71 mi
Cherry Blossom Learning Center II Private · PK-KG · 0.72 mi
Paul Laurence Dunbar K-8 Center Public · PK-8 · 0.75 mi
Design & Architecture Senior High Public · 9-12 · 0.80 mi

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