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3421 NW 5th Ave, Miami, Florida 33127

Active For Sale
$1,600,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 4 in 13 days

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.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: NORTHERN BLVD TRACK
  • Zipcode: 33127
  • Street: 5th Ave
  • Street Number: 3421
  • Floor Number: 0
  • Longitude: W81° 47' 48.7''
  • Latitude: N25° 48' 31.8''
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 50x145
  • New Taxes Expense: $0
  • Tax Annual Amount: $8,123
  • Tax Year: 2025
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available

Location

Listing Updated: 2025-11-06 22:50:09

  • Property Type : Land
  • Listing Type : For Sale
  • Listing ID : A11906831
  • Price : $1,600,000
  • View : Pool
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.17 Acre
  • Listing Status : Active
  • Days On Market : 12
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