3421 Nw 5th Ave, Miami, FL 33127

$2,695,000
List Price
$2,695,000
MLS#
A11628132
Status
ACTIVE
Type
Commercial

Property Description

Amazing development opportunity located in the booming Design District / Wynwood area the property boasts a coveted T5 L allowing multi-story multi-unit developments. The location benefits from high-density T5-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!!!!

Additional Information

Days on Market
74
Tax Amount
$8,065
Parcel Number
01-31-25-024-0290
Lot Size
7,250
Address
3421 Nw 5th Ave, Miami
Development Name
Northern Blvd Track
Development
Northern Blvd Track
Section
25

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Elite Ocean View Realty LLC, Contact: