Active

3421 NW 5th Ave

Miami FL, 33127

$2,695,000


$1,747.73 per sqft

Active

1,542 sqft

Multi-family

Built in 1948

Amazing development opportunity located in the booming Design District / Wynwood area the property boasts a coveted T5 L allowing multi-story multi-unit developments. The location benefits from high-density T5-L zoning falling within the Wynwood Norte NRD2 overlay, allowing for 150 units per acre, 5 stories by right, with an additional 3 stories available via bonus. Extra large lot with a 7,250 SF. Owner occupied duplex on site that can generate income for the buyer.
Just blocks from Wynwood Walls, museums, breweries, boutiques, bistros & bars. Minutes from FTX Arena, Downtown & Mid Town Miami as well as Miami Beach area. Easy access to all major highways and the Turnpike. The property is within close proximity to the I-195 exit which connects to the I-95.
Endless possibilities await!!!!

A11628143

MLS ID

July 22, 2024

Listed

October 2, 2024

Updated

Map

3421 NW 5th Ave
Miami FL, 33127

Interior Features

Total Stories

1


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Exterior Features

Fruit Trees


Lot Features

Less Than 1/4 Acre Lot


Architectual Style

Detached


Roof

Curved/S-Tile Roof


Sewer

Public Sewer

Other Property Details

Area Name

Northern Blvd Track


Taxes

$8,065


Tax Frequency

Annually


Days on Market

56


Garage

No


Parking Total

2


View

No


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

6107

Listed by:  Elite Ocean View Realty LLC
Listing Contact: 786-380-0581 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 1:38 AM UTC, 10/2/2024.

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