19
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1902 Sq Ft
  • Area Size
2723 NW 3rd St, Miami FL 33125 | Miami-Dade County | A12075925
  • $460,000

Description

Prime redevelopment opportunity or remodel in a highly desirable Miami location surrounded by new construction and continued investment. Ideal for developers, investors, or end users looking to build a custom residence or renovate the existing property. Centrally located near Coral Gables, Coconut Grove, Brickell, top schools, dining, and shopping. Property is being marketed primarily for its land, location, and redevelopment potential. Buyer to verify all zoning and development possibilities.

Property Overview

This single-family home at 2723 NW 3rd St sits in the Grosse Pointe Highlands neighborhood of Miami, a location increasingly defined by new construction and rising interest. Built in 1940, the 1,902-square-foot structure offers four bedrooms and two full bathrooms, making it a viable foundation for renovation or a solid starting point for redevelopment. The property is listed for $460,000, with the listing emphasizing its land value and the potential for a custom build or substantial update. The home is positioned in a part of Miami that's seeing continued investment, with proximity to areas like Coral Gables, Coconut Grove, and Brickell. This puts it within reach of top-rated schools, dining, and shopping, making it a strategic location for those with long-term plans. While the current structure may require work, the overall footprint and zoning could support a modern build tailored to today’s lifestyle needs. Ideal for developers, investors, or buyers willing to put their own vision into the project, this property is being marketed for what lies beneath the existing home. The opportunity centers around its land and location, with the potential to reshape the structure to suit current tastes and market demands. As with all redevelopment projects, buyers are encouraged to verify zoning and development specifics before moving forward.

Frequently Asked Questions

How many bedrooms and bathrooms does the home have?

The home has 4 bedrooms and 2 full bathrooms.

What is the square footage of the living area?

The total living area is 1,902 square feet.

What is the year the home was built?

The home was built in 1940.

What is the price of the property?

The asking price is $460,000.

Why is this property being highlighted?

The property is being marketed for its location and redevelopment potential. It is ideal for developers, investors, or buyers seeking a custom build or major renovation.

What is the location like?

It's centrally located near Coral Gables, Coconut Grove, and Brickell, with access to top-rated schools, dining, and shopping.

Monthly Fees & Carrying Costs

  • Membership Required: No

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  • Address: 3rd St
  • City: Miami
  • Zip/Postal Code: 33125

Details

Updated on August 22, 2026 at 9:00 pm
  • Property ID A12075925
  • Price $460,000
  • Property Size 1902 Sq Ft
  • Bedrooms 4
  • Room 0
  • Bathrooms 2
  • Year Built 1940
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type None
  • Building GROSSE POINTE HIGHLANDS
  • Area Grosse Pointe Highlands
  • Annual Tax 11190
  • Association No
  • Elementary School Kensington Park
  • Private Pool No
  • Listing Terms Cash
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision GROSSE POINTE HIGHLANDS
  • Restrictions No Restrictions
  • Parking Driveway, Guest, Slab/Strip
  • Heating Central
  • Structure Type R30-No Pool/No Water, House
  • Tax Year 2025
  • Construction Aluminum Siding, Frame With Stucco
  • Building Area 2164
  • Covered Spaces 0
  • Middle School Citrus Grove
  • View None
  • Year Built Details Unknown
  • High School Miami Senior
  • Half Bathrooms 0
  • Flood Zone X
  • New Construction No
  • Garage Spaces 0
  • Style R30-No Pool/No Water
  • Lot Size (Sq Ft) 7930
  • Membership Purchase Required No

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