Price Reduced 14.84%

$2,295,000 ($1,488.33 per sqft)

Est. Mortgage $11,756/mo *

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Price History

$2,695,000
7/22/2024

$2,295,000
10/18/2024

$2,695,000
10/19/2024

$2,295,000
10/20/2024

3421 NW 5th Ave, Miami, FL, 33127

3421 NW 5th Ave, Miami, FL, 33127
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1948

1,542 sqft

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!!!!

Status:

Active

Type:

Multi-family

Zoning:

6107

Subdivision:

NORTHERN BLVD TRACK

Heating:

Central, Electric

Cooling:

Central Air, Ceiling Fan(s), Electric

Parking:

2-car

Est. Taxes:

$8,065

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

108

Pool:

None

MLS #:

A11628143

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Elite Ocean View Realty LLC Phone: 305-600-1278