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.
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.
Property Details
Price:
$1,350,000
MLS #:
A11943253
Status:
Active
Beds:
0
Baths:
0
Address:
3240 NW 3rd Ave
Type:
Multi Family
Subtype:
Duplex
Subdivision:
NORTHERN BLVD TRACK
Neighborhood:
northernblvdtrack
City:
Miami
Listed Date:
Jan 23, 2026
State:
FL
Finished Sq Ft:
1,890
Total Sq Ft:
2,050
ZIP:
33127
Year Built:
1968
Units:
3
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Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
Attached
Construction Materials
C B S Construction
Parking Spots
5
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,226
Map
Community
- Address3240 NW 3rd Ave Miami FL
- SubdivisionNORTHERN BLVD TRACK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
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