$1,530,000

972 3rd St, Miami, FL 33130

On market
33 days on market
MLS #
A12093493

Excellent development opportunity featuring two contiguous parcels totaling approximately 15,000 SF, currently zoned T4-R. The combined site offers an attractive opportunity for a developer or investor looking to establish a presence in a centrally located Miami neighborhood with convenient access to major employment, residential, and entertainment districts. An additional advantage is the potential for assemblage. The neighboring property is also available for sale, creating the opportunity to combine the sites for a total land area of approximately 30,000 SF and potentially expand the scale of a future development. The property is strategically located with convenient access to Calle Ocho (SW 8th Street), Flagler Street, Brickell, Downtown Miami, and other key areas of the urban core.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $1,530,000; the median of recorded sales in the area is $620,000 (1,111 sales). On raw price that is 147% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$459,000
Term

7.32% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 22, 2026.

Estimated monthly payment$7,357
Loan amount
$1,071,000
Total interest over the term
$1,577,530
Total repaid
$2,648,530

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Floridian First Realty Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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