1267 NW 3rd St

Miami, FL 33125

$535,000

$491/ft²

2Beds

1Baths

1,090Sq ft

1924Year built

Single-family homeType

About this home

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.

Property details

Listing

MLS #: A12033606
Status: For sale
Listed on: Jun 8, 2026
Days on market: 63 days
Listing data updated: Jun 9, 2026

Interior

Beds: 2
Baths: 1
Living area: 1,090 ft²
Price per ft²: $491/ft²

Building & community

Type: Single-family home
Year built: 1924
County: Miami-Dade

Lot & exterior

Lot size: 5,000 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $2,705
Property taxes (est.): $491
Home insurance (est.): $433
Flood insurance (est.): —

Estimated total$3,629*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?