$1,350,000

3240 NW 3rd Ave Miami, FL 33127

Wynwood Neighborhood

Estimated payment $7,697/month

-- Bed
-- Bath
1,890 Sq Ft
$714 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

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.

Listing Agent

Louis Wintters

Compass Florida, LLC License #3482685 Listed on: 01/23/2026

Compass Florida, LLC

Co-Listing Agent

Neal Klotsman

Compass Florida, LLC License #3351636

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,226

Year Built

  • Built in 1968

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Northern Blvd Track Condos
  • Northern Blvd Track Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-024-0581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,226

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-697-5402
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: NORTHERN BLVD TRACK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1350000
  • InternetRemarks: Prime Wynwood Development Opportunity
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1890
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTHERN BLVD TRACK
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-024-0581
  • Zoning: 3900

Rental Info

  • Rent Includes: Hot Water, Trash Collection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8226

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,233 $413,201 -- --
2024 $4,648 $411,891 -- --
2023 $4,648 $138,565 $0 $0
2022 $3,595 $128,782 $0 $0
2021 $2,918 $111,717 $0 $0
2020 $2,435 $151,497 $0 $0
2019 $2,262 $140,416 $0 $0
2018 $2,098 $136,181 $0 $0
2017 $2,041 $85,729 $0 $0
2016 $1,821 $80,457 $0 $0
2015 $1,715 $76,091 $0 $0
2014 $1,517 $72,067 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 For Sale $1,350,000 0.0% $714 / Sq Ft
05/26/2017 05/26/17 Rented $1,400 0.0% --
05/22/2017 05/22/17 For Rent $1,400 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $149,500 --
Warranty Deed $70,000 --
Warranty Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $161,500 New Conventional
Previous Owner $53,000 Balloon
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11943253

MIAMI REALTORS® MLS

APN: 01-3125-024-0581

Florida Miami/Dade County Miami 33127 Wynwood

3240 NW 3rd Ave, Miami, FL

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Louis Wintters
Listing Agent
Louis Wintters
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Compass Florida, LLC
(786) 807-6378