Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
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$ 1,600,000
Est. payment | /mo

1,542 SqFt


$ 1,600,000
Est. payment | /mo

1,542 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,542 sqft

Price per Sqft $1,037

Subdivision Northern Blvd Track

MLS Listing ID A11906825

HOA Y/N No

Year Built 1948

Annual Tax Amount $8,123

Tax Year 2025

Property Sub-Type Duplex

Property Description

Prime income-producing development site minutes from the Design District, Wynwood, Midtown, Downtown, and Brickell. 7,250 sqft T5-L zoned lot allowing up to 25 residential units plus retail or mixed-use development with no parking required under current Miami 21 zoning. Developers can build up to 5 stories with minimal setbacks, maximizing the site's full potential. Existing duplex (4 bed / 2 bath / 2,322 sqft) can generate income while plans and permits are prepared — ideal for investors seeking both immediate cash flow and long-term appreciation. The neighborhood is rapidly transforming, with brand-new luxury apartment projects on nearly every corner, making this a rare opportunity in one of Miami's most desirable growth corridors.

Location

State FL

County Miami-dade

Community Northern Blvd Track

Area 31

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Spanish Tile

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-25-024-0290

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906825

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Florida Realty of Miami Corp

GET MORE INFORMATION

Andrea Smith
Andrea Smith

Broker | License ID: 383400

+1(404) 447-1935

5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States

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3421 NW 5th Ave