# 3240 NW 3rd Ave, Miami, FL 33127

> **TL;DR:** 4bd/3ba multi-family, $1,350,000 ($714/sqft), built 1968, 1,890 sqft. Est. $5,850/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,350,000 |
| Price/sqft | $714 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 1,890 |
| Year Built | 1968 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,850 |
| **Total** | **$5,850** |

## 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

## Listing Agent

- **Name:** Louis Wintters
- **Brokerage:** Compass Florida, LLC
- **Phone:** 3053006813
- **Email:** Louis.Wintters@compass.com

## Primary Photo

![3240 NW 3rd Ave - Primary Photo](http://lh.rdcpix.com/d22c0b817f64378416773915e95f147fl-f988812011r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/3240-nw-3rd-ave-miami-fl-33127-11943253)*

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**MLS#:** A11943253 | **Updated:** 2026-06-17
**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.com/listing/3240-nw-3rd-ave-miami-fl-33127-11943253)

---

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  "name": "3240 NW 3rd Ave, Miami, FL 33127",
  "description": "Prime Wynwood Development Opportunity\r\nLocated 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.\r\n\r\nThe property currently consists of three existing units providing income while redevelopment plans are pursued. Ideal for a developer or investor seeking a residen",
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  "datePosted": "2026-06-17",
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  "numberOfBedrooms": 4,
  "numberOfBathroomsTotal": 3,
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