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7239 NW 3rd St, Miami, FL, 33126

4beds
3baths
1,119sqft
$795,000
$710price/sqft
$5,646/moest. monthly cost
$225,840/yrincome needed

About This Home

1,480 Sf Living Area! Completely remodeled income-producing opportunity in the heart of Miami! This exceptional property features two separate structures, offering the perfect blend of flexibility, comfort, and investment potential. The main residence offers 3 bedrooms and 2 bathrooms, while the detached 1-bedroom, 1-bathroom unit is ideal for extended family, guests, or generating rental income. Designed with peace of mind, the property has been extensively updated with new roofs on both structures, new A/C systems, new water heaters, PVC plumbing, new electrical system, and stylish modern finishes throughout. Situated on a spacious lot, there is ample room for parking, outdoor entertaining, or future possibilities. This centrally located home provides quick access to major highways, Miami International Airport, shopping, dining, schools, and entertainment. Whether you're searching for a move-in-ready primary residence with supplemental income or a turnkey investment property, this is an opportunity you won't want to miss!

Getting Around

74
WalkingVery Walkable
46
TransitSome Transit
53
BikeBikeable

Schools

9/10
4/10
West Miami Middle SchoolGrades 6-81.7 mi
3/10

Construction

Condition

  • Property condition: Completely Renovated
  • Year built: 1955

Materials

  • Roof: Flat Tile,Shingle
  • Construction materials: CBS Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Laundry Room,Washer/Dryer Hook-Up

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Split Bedroom
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air,Electric,Other

Interior Area

  • Total structure area: 1,651
  • Total interior livable area: 1,119 sqft

Property

Details

  • Parcel number: 3040020090580
  • Zoning: 8900

Features

  • Stories: 1
  • Pool features: R30-No Pool/No Water
  • Fencing: Fenced
  • Has view: Yes
  • View description: Other
  • Residential vegetation: Fruit Trees

Lot

  • Lot size: 6,250 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Parking features: Driveway
  • 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
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$205$2,460
Property Taxes $1,225$14,700
Electricity $197$2,366
Total$5,646$67,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,577/yr
40% on housing$169,380/yr
45% on housing$150,560/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$710This listing

vs Other Active Listings

Avg $/sqft

ZIP 33126$229
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33126$430
Miami-Dade County$404

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

DateEventPrice
2026-07-09Listed for sale$795,000
2026-03-05Sold$435,000
1998-04-23Sold$55,000

For Sale by Agent

AgentDanny Crespo
BrokerageRejoice Realty Group, Inc.

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