Sold
Last Sold Price
7,500 Lot Size0.17 Acres
1227 SW 3rd St, Miami, FL 33135
LandProperty Type
7,500 sq ftLot Size

Description

An unbeatable opportunity for investors and developers to build in the heart of Miami! This vacant 7,500 sqft corner lot, just 1 mile from Brickell, is perfectly positioned in the booming Little Havana neighborhood. Zoned T5, the property allows for the development of a multifamily project with up to 11 units. The location offers unmatched potential, blending proximity to Miami’s vibrant downtown with the cultural richness of Little Havana. This shovel-ready lot is ideal for creating a modern residential...An unbeatable opportunity for investors and developers to build in the heart of Miami! This vacant 7,500 sqft corner lot, just 1 mile from Brickell, is perfectly positioned in the booming Little Havana neighborhood. Zoned T5, the property allows for the development of a multifamily project with up to 11 units. The location offers unmatched potential, blending proximity to Miami’s vibrant downtown with the cultural richness of Little Havana. This shovel-ready lot is ideal for creating a modern residential development in one of Miami’s most sought-after neighborhoods.
  • Listed by: Ruben Chamorro 305.695.6060 ruben.chamorro@elliman.com • Douglas Elliman
Listing closed: 09/16/2025 12:00 AM • Source: MiamiRE, MLS#: A11728330

Recent comparable sales

Median sold price

$585,000

Avg days on market

91

Sale-to-list ratio

83.7%

Miami, FL

9 comparable properties found

$585,000 | 1871 Southwest 7th Street, Miami, FL 33135
1/24
1

$585,000

Sold 03/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
a view of a house with a backyard
1/10
2

$688,000

Sold 11/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
a front view of a house with a yard and garage
1/4
3

$770,000

Sold 05/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
$800,000 | 512 Southwest 21st Avenue, Miami, FL 33135
1/27
4

$800,000

Sold 06/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of a building with a street
1/23
5

$490,000

Sold 04/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$525,000 | 2720 Southwest 17th Street, Miami, FL 33145
1/6
6

$525,000

Sold 06/19/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
a view of a white building with a yard
1/18
7

$799,000

Sold 07/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.21
Acres
a view of a field with a tree
1/2
8

$475,000

Sold 10/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
a view of a field with a tree
1/2
9

$475,000

Sold 10/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres

Location

Listing Courtesy of Douglas Elliman

Sold By Douglas Elliman

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$4,889 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$1,585

HOA Dues

$0

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Property Information for 1227 Southwest 3rd Street

Property Details
  • Taxes: $19,018 / year
  • MLS Type: Residential Land/Boat Docks / Residential
  • Subdivision: LAWRENCE ESTATE LAND COS
  • Waterfront: No
  • Area: 41
  • Auction: No
Building Information
  • Lot Size: 0.17 AC
Location Information
Location Information
  • Parcel Number Free Text: 01-41-02-006-2101
  • Parcel Number MLX: 2101
  • MLS Area: 41
  • Municipal Code: 0
  • Township Range: 41
  • Section: 2
  • Subdivision Number: 6
  • Subdivision Complex Bldg: LAWRENCE ESTATE LAND COS
  • Zoning Information: 6101
General Information
General Information
  • Usage Description: Check Land Use Plan
  • Front Exposure: South
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
  • Miscellaneous Improvements: Fenced
Financial Information
Financial Information
  • Flood Zone: X
  • Tax Year: 2024

Property History for 1227 Southwest 3rd Street

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Sold

MiamiRE #A11728330

$650,000
Aug 27, 2025

Sold (Public Record)

Public Record #1913843138

$650,000

-8.1% / yr

Jul 1, 2025

Pending

MiamiRE #A11728330

DateEvent & SourcePrice
09/16/2025

Sold

MiamiRE #A11728330

$650,000
08/27/2025

Sold (Public Record)

Public Record #1913843138

$650,000

-8.1% / yr

07/01/2025

Pending

MiamiRE #A11728330

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1227 Southwest 3rd Street

Taxable ValueLand$750,000Additions$2,598Total$752,598
Tax Record2025$15,043 ($1,254 / month)
Home Facts
Baths6Total Finished SqFt3,782 SqFtAbove Grade Finished SqFt3,782 SqFtStories1Lot Size7,500 SqFtStyleCommercialYear Built1923Year Renovated2006Zoning6101CountyMIAMI-DADEAPN01-4102-006-2101

Schools near 1227 Southwest 3rd Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Riverside Elementary Community School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1227 Southwest 3rd Street, Miami, FL 33135
$650,000
7,500
6
3,386
7,500
3
2,142
5,000
7,000
3
2,204
7,500
7,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.