1267 NW 3rd St Prime Redevelopment with Built-In Income Located just steps from Marlins Park and minutes to Downtown, Brickell, and the Miami River District, this property sits in one of Miami’s fastest-growing corridors surrounded by billions in new investment. Zoned for 6–12 units, the 5, 000 SF lot offers multiple profitable paths — build, hold, or flip. The existing single-family home is currently rented and brings in $2, 900/month, allowing you to earn income while planning and permitting your next project. With strong rental demand and ongoing neighborhood transformation, this is an ideal opportunity for investors seeking cash flow today and development upside tomorrow.