Discover a prime Miami redevelopment opportunity with built-in income at 1267 NW 3rd St, Miami FL 33125. Located in Miami-Dade County within the LAWRENCE EST LAND CO subdivision, this 1924 residential single-family residence offers immediate rental income and significant future potential.
The property sits on a 5,000 square foot lot and includes 1,090 square feet of living area. According to the seller, the site is zoned for 6 to 12 units, creating several possible investment strategies: build, hold, or renovate and resell. The existing home is currently rented for $2,900 per month, allowing investors to generate cash flow while planning and permitting a future project.
Inside, the home features a first-floor entry, a comfortable family room, a refrigerator, ceiling fans for cooling, and window or wall heating. The attached, manufactured architectural style reflects the property’s original character. Parking includes other designated options and on-street parking. The property has no specific view, while nearby sidewalks add convenience for residents.
Just steps from loanDepot Park and minutes from Downtown Miami, Brickell, and the Miami River District, this location is surrounded by major investment and ongoing neighborhood transformation. Miami offers year-round warm weather, beautiful beaches, vibrant dining, nightlife, cultural attractions, sporting events, and excellent access to major roads, public transportation, and Miami International Airport.
For more information or to schedule a private showing, call or send a WhatsApp message to +1 786.468.4380.
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