Vacant Multifamily with Retail
For Sale
Contact for pricing
345 NW 3rd St, Miami, FL 33128
Vacant 22-unit multifamily building with one ground-floor commercial space, delivered in shell condition for full renovation.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market142
Property Features for 345 NW 3rd St
General Information
Standard status
Active
Lot size
0.17 Acres
Property subtype
Multifamily
Zoning
T6-8L
Additional Details
Multifamily Units
22
Building Details
Year Built
1926
Listing Agency:
Porosoff Group
(305) 209-8866
Listed By:
Arthur Porosoff · License #3160379
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 11:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porosoff Group
Investment Insights
Based on property information with market context.
The Porosoff Group of Compass Commercial is pleased to present 345 NW 3rd Street, a vacant 22-unit apartment building. Built in 1926 and situated on a 7,500 SF lot, the property is currently in shell condition and will require a complete renovation. The building will be delivered with a full set of plans for the renovation, including a proposed unit mix of 16 two-bedroom, two-bath units; 2 two-bedroom, one-bath units; and 4 one-bedroom, one-bath units. Plans also call for a basement-level laundry facility. A ground-floor commercial space and a covered terrace are included at the street level.
The property is located across the street from Lummus Park and near major development activity in the area, including the Sawyer’s Walk project and Miami Central. Other nearby projects referenced include “Gallery at Lummus Parc,” the Culmer Gardens mixed-income development, and continued growth in commercial uses connected to the Lummus Park / Miami River area.
Zoned T6-8L, the offering includes the opportunity to complete the renovation per the submitted plans for both the residential units and the ground-level commercial component.
The property is located across the street from Lummus Park and near major development activity in the area, including the Sawyer’s Walk project and Miami Central. Other nearby projects referenced include “Gallery at Lummus Parc,” the Culmer Gardens mixed-income development, and continued growth in commercial uses connected to the Lummus Park / Miami River area.
Zoned T6-8L, the offering includes the opportunity to complete the renovation per the submitted plans for both the residential units and the ground-level commercial component.
Key Highlights
- 22‑unit vacant multifamily building with one ground‑floor commercial space (no existing cash flow).
- Built in 1926 on a 7,500 SF lot zoned T6‑8L.
- Delivered in shell condition with a full set of plans for a complete renovation.
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
Location Intelligence
Trade Area within ½ mile
9,718
Businesses Nearby
Explore this area
Business Placement
Demographics for 33128, FL
8,213
Population
4,533
Households
1.8
Avg Household Size
41
Median Age
22%
College-Educated
66%
High-School Grad
0.4 sq mi
ZIP Area
20,533
Density / Sq Mi
$36,308
Median Household Income
$32,082
Median Earnings
$1,316
Median Rent
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant 22-unit multifamily building with one ground-floor commercial space, delivered in shell condition for full renovation.
Where is this apartment building located?
The property is located at 345 NW 3rd St Miami, FL.
What are key features of this property?
This property features: 22‑unit vacant multifamily building with one ground‑floor commercial space (no existing cash flow).; Built in 1926 on a 7,500 SF lot zoned T6‑8L.; Delivered in shell condition with a full set of plans for a complete renovation.
