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2 Beds
1 Bath
1,090 sqft

$535,000

1267 NW 3rd Street, Miami FL, 33125

Price per sqft$490.83
Built in1924
Property size1,090 sqft
Property typeResidential

Overview

Active

Listed Jun 9, 2026

Updated Aug 27

Prime Redevelopment with Built-In IncomeLocated 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.

$3,559/mo

Est. mortgage payment based on a $535,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12033606

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$11,232
Tax Frequency
Annually
Pets Allowed
Yes
55+/Senior Community
No

Listed with Compass Florida, LLC

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 10:37 PM UTC, 8/27/2026

 

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