1267 NW 3rd St, Miami, FL, 33125
About This Home
NEW PRICE - Submit your offers! Prime redevelopment opportunity in Miami! This 5,000 SF lot is zoned multifamily, allowing 6–12 units—perfect for investors seeking strong returns. Currently improved with a rented single-family home, it provides income while you plan your project. The location is unbeatable: minutes to Downtown, Brickell, Wynwood, and major transit. Surrounded by new developments near the Miami River District and LoanDepot Park, with Whole Foods and Jackson Memorial close by. A rare find combining immediate cash flow with long-term upside in one of Miami’s fastest-growing neighborhoods. Text us for details—build your dream today!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MobileManufactured
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Wood
Heating & Cooling
- Heating features: Window/Wall
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 1,266
- Total interior livable area: 1,090 sqft
Property
Details
- Parcel number: 0141020057430
- Zoning: 6107
Features
- Entry location: First Floor Entry
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Lot size: 5,000 sqft
- Features: Less Than 1/4 Acre Lot
Parking
- Parking features: Other,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Cold Wave
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,705 | $32,460 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $930 | $11,160 |
| Electricity | $197 | $2,366 |
| Total | $3,998 | $47,976 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-03 | Price change | $599,000 |
| 2025-10-13 | Listed for sale | $650,000 |
| 2023-10-23 | Listing removed | -- |
| 2023-03-10 | Listed for sale | $720,000 |
| 2022-12-14 | Sold | $520,000 |
| 2022-10-12 | Listed for sale | $600,000 |
View on Zillow