Prime Redevelopment with Built-In Income Located just steps from Marlins Park and minutes to Downtown, Brickell, and the Miami River District, this property sits in one of Miami’s fastest-growing corridors surrounded by billions in new investment. Zoned for 6–12 units, the 5,000 SF lot offers multiple profitable paths — build, hold, or flip. The existing single-family home is currently rented and brings in $2,900/month, allowing you to earn income while planning and permitting your next project. With strong rental demand and ongoing neighborhood transformation, this is an ideal opportunity for investors seeking cash flow today and development upside tomorrow.
Based on the average sale price from the Miami Beach, FL office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1267 Nw 3rd St Miami, FL is a Single Family Home for sale at $535000 with 1090 sqft and a lot size of Acre(s). 1267 Nw 3rd St Miami has 2 bedrooms, 1 baths and was built in 1924. The property's zip code is 33125 which is in Miami, FL
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.