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Melrose Heights 3 Rd Addn

$680,000

3034 NW 33rd St, Miami, FL 33142

Active
Last Updated: 07/03/2026

2,974 sqft

Building Size

2

Units

Details:
Building Size:    2,974 sqft
Units:    2
Year Built:    1926
Floors:    1
Parking Spots:    1
Gross Leaseable Area:    2,830
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Attached, Other
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Other
  • Construction Materials: CBS Construction
Description:

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.

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