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.
Riverview, located between the Miami River and Little Havana, is a residential and industrial Miami neighborhood with working waterfront edges and low-rise streetscapes. The neighborhood’s character concentrates along NW 7th St near the Miami River bridges, where marine yards, produce wholesalers, and no-frills eateries share the air with passing freight traffic. Pillars nearby include Riverside Wharf Miami for riverfront dining, the historic Tower Theater for repertory film, and Ball & Chain for live music. Architecture leans utilitarian—warehouse blocks, modest mid-century apartments, and older single-story homes—set against cranes and river views. Daily life orbits around the river, with pockets of shade at Sewell Park and a steady flow toward Calle Ocho’s cultural corridor.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No interior details available
Bedrooms
No bedroom details available
Bathrooms
No bathroom details available
Kitchen
No kitchen details available
Laundry & utility
No laundry details available
Flooring
No flooring details available
Heating & cooling
No heating or cooling details available
Exterior features
Lot is less than one acre
Home design
No home design details available
Parking
No parking details available
Security
No security details available
Construction
No construction details available
Utilities
Electricity available
Septic tank sewer
HOA & community
No HOA or community information available
Financial info
No financial investment details available
Other
No additional financial details available
Electricity and solar
View estimated energy costs and solar savings for this home
Great Investment opportunity- selling with MLS A1856613, A1856670 combined properties 22, 500 sq ft for multifamily construction
MARMLS #A1856705
Jan 28, 2015
Sold
$725,000
Apr 12, 2013
Listed
$830,000
MARMLS #A1775851
Oct 12, 2013
Listing Removed
—
MARMLS #A1777224
Oct 11, 2013
Listing Removed
—
Apr 12, 2013
Listed
$900,000
Public Records
Jan 17, 2006
Sold
$1,450,000
Public Records
Aug 25, 2004
Sold
$333,900
Public Records
Jan 1, 1988
Sold
$110,000
Public Records
Feb 1, 1986
Sold
$240,000
Year
Property tax
Land + Additions
Assessment*
2025
$9,635 (+11.8%)
2024
$8,617 (+6.7%)
2023
$8,078 (+13.3%)
2022
$7,130 (+4.9%)
2021
$6,796 (+3.6%)
2020
$6,563 (+5.4%)
2019
$6,224 (+18.7%)
2018
$5,244 (+58.8%)
2013
$3,302 (−5.5%)
2012
$3,494 (+1.8%)
$71,250 + $83,387
$154,637
2011
$3,433
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
7,500 Sq. Ft.
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Miami-Dade County
APN
0141380031460
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 19, 2026.
T4-R
General Urban Transect - Restricted Zone
The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 103° expected this year, 31 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33130
Average low and high temperatures (°F)
74
62
76
65
78
69
80
73
86
78
87
80
89
81
90
80
87
78
84
77
80
71
77
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 972 SW 3rd St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $715,000 and $1,650,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $715K to $1.6M.