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$1,550,000

3421 NW 5th Ave, Miami FL, 33127

Price per sqftN/A
Property typeCommercial

Overview

Active

Listed Nov 6, 2025

Updated Feb 10

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.

Additional information

MLS® ID
A11906831

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$8,123
Tax Frequency
Annually

Broker Reciprocity Courtesy of Florida Realty of Miami Corp

 

Data last updated:2/10/2026.

 

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