Exceptional redevelopment opportunity in the rapidly growing Allapattah submarket. This duplex-zoned property is being repositioned into a modern, income-producing residential asset with approved plans expected by the end of April, offering buyers a near shovel-ready project.
The redevelopment features a thoughtfully designed front and rear structure configuration totaling approximately 3,800 square feet of living area. The front residence is planned as a spacious 4-bedroom, 2-1/2 bath unit, while the rear structure will be a newly constructed 3-bedroom, 2-bath unit, creating strong rental flexibility and long-term upside.
The existing structure is fully gutted, and the project is designed to deliver a near new construction product, with all new systems, layouts, and finishes. Ideal for investors, builders, or end-users looking to create value in a high-demand rental corridor.
Centrally located with easy access to Wynwood, Downtown Miami, Miami International Airport, and major transportation corridors. Strong rental demand and continued neighborhood growth make this a compelling opportunity.
The redevelopment features a thoughtfully designed front and rear structure configuration totaling approximately 3,800 square feet of living area. The front residence is planned as a spacious 4-bedroom, 2-1/2 bath unit, while the rear structure will be a newly constructed 3-bedroom, 2-bath unit, creating strong rental flexibility and long-term upside.
The existing structure is fully gutted, and the project is designed to deliver a near new construction product, with all new systems, layouts, and finishes. Ideal for investors, builders, or end-users looking to create value in a high-demand rental corridor.
Centrally located with easy access to Wynwood, Downtown Miami, Miami International Airport, and major transportation corridors. Strong rental demand and continued neighborhood growth make this a compelling opportunity.
Property Details
Price:
$760,000
MLS #:
A11999314
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
MELROSE HEIGHTS 3RD ADDN
Neighborhood:
melroseheights3rdaddn
Listed Date:
Apr 11, 2026
Finished Sq Ft:
2,830
Total Sq Ft:
2,974
Year Built:
1926
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Other
Heating
Central
Exterior
Architectural Style
Attached, Other
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
1
Parking Total
1
Roof
Flat Roof With Facade Front
Stories
1
Financial
Tax Year
2025
Taxes
$8,311
Map
Community
- Address3034 NW 33rd St Miami FL
- SubdivisionMELROSE HEIGHTS 3RD ADDN
- CityMiami
- CountyMiami-Dade County
- Zip Code33142
Market Summary
Current real estate data for Multi Family in Miami as of Apr 17, 2026
502
Multi Family Listed
147
Avg DOM
474
Avg $ / SqFt
$1,133,943
Avg List Price
Property Summary
- Located in the MELROSE HEIGHTS 3RD ADDN subdivision, 3034 NW 33rd St Miami FL is a Multi Family for sale in Miami, FL, 33142. It is listed for $760,000
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