$1,000,000

4500 3rd Ave, Miami, FL 33127

Bedrooms
3
Baths
1
Living area
1,710 ft²
Price per ft²
$585 / ft²
Type
Single-Family Home
Year built
1939
On market
227 days on market
MLS #
A11966810

Unmissable Investment Opportunity in Miami’s Prestigious Design District! This corner home is fully habitable and packed with features including a private pool, fully paid solar panels, a new roof, and impact windows and doors. With no city violations or open permits, it’s ready for Airbnb or turnkey rental income. Zoned T3-L, allowing up to 3-story construction, this property offers tremendous upside for fix & flip investors or developers. Comparable homes in the area are listed for up to $3M. Don’t miss your chance to secure this prime, high-demand location with enormous profit potential!

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.

  • Price per square footThe asking price per ft² on this listing is $585. The median for recorded sales in the same ZIP codes is $904/ft² — putting it 35% below the median.
  • Position in the area’s price distributionThe asking price is $1,000,000; the median of recorded sales in the area is $1,200,000 (937 sales). On raw price that is 17% below 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 33127, 33137 · 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%$300,000
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$4,671
Loan amount
$700,000
Total interest over the term
$981,643
Total repaid
$1,681,643

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

Real Estate Empire Group, Inc.

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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