3421 NW 5th Ave, Miami FL 33127,Miami,Miami-Dade County,Commercial Land

$ 2,295,000
3421 NW 5th Ave, Miami FL 33127, ,
Active

Overview

  • Updated On:
  • November 7, 2024

Description

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!!!!

Address: 3421 NW 5th Ave, Miami FL 33127
City:
State/County:
Zip: 33127
Country: United States
Open In Google Maps
Property Id : 189035
Price: $ 2,295,000
Property Lot Size: 1 ft2
BridgeModificationTimestamp: 2024-11-07T11:07:24.915Z
BuildingAreaUnits: Square Feet
BuildingName: NORTHERN BLVD TRACK
ContractStatusChangeDate: 2024-07-22
CurrentUse: Unimproved Business/Commercial,Unimproved Multi Family (5+Units)
DaysOnMarket: 108
FrontageLength: 50
GrossScheduledIncome: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 786-380-0581
ListAgentEmail: teo@eliteoceanviewrealty.com
ListAgentFullName: Teodoro Palmieri
ListAgentKey: 9b39669820158686c84c8ea3a7234611
ListAgentMlsId: 3066859
ListAgentOfficePhone: 305-600-1278
ListAgentStateLicense: 3066859
ListOfficeFax: 866-381-9972
ListOfficeKey: fdbfee30b3cc56a5d629b73e98dd8b42
ListOfficeMlsId: EOVR01
ListOfficeName: Elite Ocean View Realty LLC
ListOfficePhone: 305-600-1278
ListOfficeURL: www.teopalmieri.com
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2024-07-22
ListingId: A11628132
ListingKeyNumeric: 398692096
ListingTerms: All Cash,Conventional
LivingAreaUnits: Square Feet
LotFeatures: Central Business District,City Location,Urban Area Development,Less Than 1 Acre
LotSizeDimensions: 50x145
LotSizeSquareFeet: 7250
LotSizeUnits: Square Feet
MIAMIRE_LPAmtSqFt: 316.5517
$ 11,766.92
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,898.17

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David Morales