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$1,350,000
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Property 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.
Full Property Details
Full Property Details for 3240 NW 3rd Ave
General
- Price: $1,350,000
- Taxes: $8,226 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11943253
- Updated: 1/24/2026
- Added to Site: 26 day(s) ago
Rental Information
- Rent Includes: Hot Water, Trash Collection, Water
Interior
- Flooring: Tile
Parking
- Total Spaces: 5
Location
- Area: Northern Blvd Track
- County: Miami-Dade County
- Subdivision: NORTHERN BLVD TRACK
- Building Name: NORTHERN BLVD TRACK
Community
- Community Name: Northern Blvd Track
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2050
- Square Feet: 1,890
- Living Area: 1,890 Sq. Ft.
- Year Built: 1968
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $714.29
- Tax Amount: $8,226
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Deposit - Security, Existing Survey
- Legal Description: 25 53 41 NORTHERN BLVD TRACT PB 2-29 S50FT OF N100FT OF LOTS 1 & 2 BLK 4 LOT SIZE 50.000 X 100 OR 20680-3244 09 2002 1
- Property ID: 01-31-25-024-0581
Listed by Compass Florida, LLC
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Schools
Schools serving 3240 NW 3rd Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3240 NW 3rd Ave
Date
Details
Price
Change
Source
1/23/2026
Listed
$1,350,000
803.01%
MLS
9/25/2002
Sold
$149,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3240 NW 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,233
77%
$411,891
—
2023
$4,648
59%
$410,576
162%
2021
$2,918
-19%
$156,717
-33%
2022
$3,595
23%
$234,398
55%
2021
$2,918
29%
$151,497
55%
2019
$2,262
8%
$97,651
7%
2018
$2,098
3%
$91,469
-33%
2017
$2,041
12%
$135,724
69%
2016
$1,821
6%
$80,457
6%
2015
$1,715
13%
$76,091
6%
2014
$1,517
3%
$72,067
6%
2013
$1,471
—
$68,149
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3240 NW 3rd Ave
3240 NW 3rd Ave, Miami, FL 33127 (MLS# A11943253) is a Duplex property with 0 bedrooms and 0 full bathrooms. 3240 NW 3rd Ave is currently listed for $1,350,000 and was received on January 23, 2026. Want to learn more about 3240 NW 3rd Ave? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

