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About This Home
This 4-bedroom, 3-bathroom multi-family at 3240 NW 3rd Ave in Miami, FL is listed for $1,350,000 ($714 per sqft). Built in 1968, the home offers 1,890 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1968
- 5 parking spaces
Property Details
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3240 NW 3rd Ave
Miami, FL 33127
Northern Blvd Track
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom multi-family at 3240 NW 3rd Ave is listed at $1,350,000 ($714/sqft). The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.
Key features include: Built in 1968, 5 parking spaces.
This property is listed by Louis Wintters and can be reached at 3053006813 or Louis.Wintters@compass.com.
