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