# 3240 NW 3rd Ave, Miami, FL 33127 > **TL;DR:** 4bd/0ba multi-family, $1,350,000 ($714/sqft), built 1968, 1,890 sqft. > A/C. Est. $7,220/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,350,000 | | Price/sqft | $714 | | Bedrooms | 4 | | Square Feet | 1,890 | | Year Built | 1968 | | Stories | 1 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,826 | | Estimated Insurance | $394 | | **Total** | **$7,220** | ## Key Amenities - A/C ## Property Highlights - Built in 1968 - 5 parking spaces ## Description ### Agent Description 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. ## Location - **Address:** 3240 NW 3rd Ave, Miami, FL 33127 - **County:** Miami-Dade - **Neighborhood:** NORTHERN BLVD TRACK - **Coordinates:** 25.807195, -80.201564 - **Google Maps:** https://www.google.com/maps?q=25.807195,-80.201564 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A11943253 ## Listing Agent - **Name:** Louis Wintters · **License:** 3482685 - **Brokerage:** Compass Florida LLC - **Phone:** 3053006813 - **Broker Phone:** (305) 851-2820 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3240-NW-3rd-Ave_Miami_FL_33127_M56189-00001?f=listhub&s=MAORFL&m=A11943253&c=propsimple) ## Photos ![3240 NW 3rd Ave - Photo 1](http://lh.rdcpix.com/9d0427c8a18e2f6a34433e31f5b6f6fel-f1911073262r.jpg) ![3240 NW 3rd Ave - Photo 2](http://lh.rdcpix.com/9d0427c8a18e2f6a34433e31f5b6f6fel-f3779960826r.jpg) ![3240 NW 3rd Ave - Photo 3](http://lh.rdcpix.com/9d0427c8a18e2f6a34433e31f5b6f6fel-f3856232242r.jpg) ![3240 NW 3rd Ave - Photo 4](http://lh.rdcpix.com/9d0427c8a18e2f6a34433e31f5b6f6fel-f963269715r.jpg) ![3240 NW 3rd Ave - Photo 5](http://lh.rdcpix.com/9d0427c8a18e2f6a34433e31f5b6f6fel-f1412714167r.jpg) ![3240 NW 3rd Ave - Photo 6](http://lh.rdcpix.com/9d0427c8a18e2f6a34433e31f5b6f6fel-f3643753769r.jpg) --- **MLS#:** A11943253 | **Updated:** 2026-08-27 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/3240-nw-3rd-ave-miami-fl-33127-11943253) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3240-nw-3rd-ave-miami-fl-33127-11943253#listing", "url": "https://www.propertysimple.ai/listing/3240-nw-3rd-ave-miami-fl-33127-11943253", "name": "3240 NW 3rd Ave, Miami, FL 33127", "description": "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. 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