Active

3421 NW 5th Ave

Miami FL, 33127

$2,295,000


Active

Commercial

Amazing development opportunity located in the booming Design District / Wynwood area the property boasts a coveted T6 L allowing multi-story multi-unit developments. The location benefits from high-density T6-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!!!!

A11628132

MLS ID

July 22, 2024

Listed

November 21, 2024

Updated

Map

3421 NW 5th Ave
Miami FL, 33127

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Central Business District, City Location, Urban Area Development, Less Than 1 Acre


Sewer

Public Sanitation

Other Property Details

Area Name

Northern Blvd Track


Taxes

$8,065


Tax Frequency

Annually


Days on Market

108


Garage

No


View

No


View Description

None


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

6107

Listing History

Date

Event

Price

10/18/2024

Price change

$2,295,000

-15%

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 11:33 PM UTC, 11/21/2024.

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