3421 NW 5th Ave
$2,295,000
Description
3421 NW 5th Ave,
Miami,
FL
33127
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!!!!
This is an Active listing.
Broker Office Phone Number: 305-600-1278
Copyright © 2024MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Elite Ocean View Realty LLC via Data Source: MIAMI Association of REALTORS®
Price History
| date | price | variance | type |
|---|
| 10/18/2024 | $2,295,000 | 14.84 % | decreased |
| 7/24/2024 | $2,695,000 | - | Listed |
listing agent: Teodoro Palmieri
