3421 NW 5th Ave, Miami FL 33127,A11628143

$ 1,975,000
3421 NW 5th Ave, Miami FL 33127, ,

Overview

  • Updated On:
  • February 7, 2025
  • 1,542 ft2

Property Description

HUGE PRICE REDUCTION! 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. 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

Property Id: 4534485
Price: $ 1,975,000
Property Size: 1,542 ft2
ArchitecturalStyle: Detached
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 1280.8
MIAMIRE_Style: Duplex
BridgeModificationTimestamp: 2025-02-07T08:48:00.894Z
MIAMIRE_TypeofAssociation: None
BuildingAreaUnits: Square Feet
MLSAreaMajor: Northern Blvd Track
BuildingFeatures: Laundry Facility
BuildingName: NORTHERN BLVD TRACK
MajorChangeTimestamp: 2025-01-31T14:17:37.527Z
MajorChangeType: Price Increase
MlsStatus: Active
ModificationTimestamp: 2025-02-07T08:45:12.213Z
NumberOfUnitsInCommunity: 1
ConstructionMaterials: CBS Construction
NumberOfUnitsTotal: 2
ContractStatusChangeDate: 2024-07-22
Cooling: Ceiling Fan(s),Central Air,Electric
OnMarketDate: 2024-07-22
DaysOnMarket: 200
OriginalEntryTimestamp: 2024-07-22T20:35:28.213Z
OriginalListPrice: 2695000
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
Fencing: Fenced
ParcelNumber: 01-31-25-024-0290
Flooring: Tile
ParkingTotal: 2
PatioAndPorchFeatures: Open Porch
PhotosChangeTimestamp: 2024-07-23T13:33:41.201Z
PhotosCount: 23
Possession: Funding
Heating: Central,Electric
PostalCodePlus4: 3411
PreviousListPrice: 1939000
PriceChangeTimestamp: 2025-01-31T14:17:37.527Z
PublicSurveyRange: 31
PublicSurveySection: 25
PublicSurveyTownship: 31
RentIncludes: Gardener,Sewer,Trash Collection,Water
Roof: Curved/S-Tile Roof
ListAOR: A-Miami Association of REALTORS
ListingTerms: All Cash,Conventional
LivingAreaUnits: Square Feet
Sewer: Public Sewer
ListingID: A11628143
LotFeatures: Less Than 1/4 Acre Lot
ShowingInstructions: Showing Assist
LotSizeUnits: Square Feet
SourceSystemKey: 398692883
MIAMIRE_AdjustedAreaSF: 1542
MIAMIRE_LPAmtSqFt: 1280.8042
StateOrProvince: FL
StatusChangeTimestamp: 2024-07-22T20:35:28.213Z
Stories: 1
StoriesTotal: 1
StreetDirPrefix: NW
StreetName: 5th Ave
StreetNumber: 3421
StreetNumberNumeric: 3421
StructureType: Duplex
SyndicationRemarks: HUGE PRICE REDUCTION! 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. Within close proximity to the I-195 exit which connects to the I-95. Endless possibilities await!
TaxAnnualAmount: 8065
TaxExemptions: Tax Reflects Homestead Exemption
TaxLegalDescription: NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4
TaxYear: 2023
WaterSource: Municipal Water
WindowFeatures: Complete Panel Shutters/Awnings,Sliding
YearBuilt: 1948
YearBuiltDetails: Resale
Zoning: 6107

Other Features
Fruit Trees
Has Cooling System
Has Heating System

There are no results found for this property address.

$ 12,866.88
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 9,986.67

Fri 11 Jul
Sat 12 Jul
Sun 13 Jul
Mon 14 Jul
Tue 15 Jul
Wed 16 Jul
Thu 17 Jul
Fri 18 Jul
Sat 19 Jul
Sun 20 Jul
In Person
Video Chat

Christopher Lazaro

Global Real Estate & Lending Advisor
Member of: Miami Association of Realtors, Broward, Palm Beaches & St. Lucie Realtors®

Contact Me

You can reply to private messages from "Inbox" page in your user account.

Property Reviews

You need to login in order to post a review

Similar Listings

Residential Income
Active
Residential Income
Active

Compare Listings

Christopher Lazaro