Price Reduced 3.13%
Price History
$1,600,000
11/6/2025
$1,550,000
12/8/2025
3421 NW 5th Ave, Miami, FL, 33127
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.
Status:
Active
Type:
Lot / Acreage
Zoning:
6107
Subdivision:
NORTHERN BLVD TRACK
Acreage:
0.17
Est. Taxes:
$8,123
Utilities
Cable Available,Electricity Available,Sewer Available,Trash Collection,Water Available
Lot Description:
<1 Acre
Days on Market:
32
MLS #:
A11906831
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Florida Realty of Miami Corp 305-598-5488