1 Acre of Land for Sale in Miami, Florida
3421 NW 5th Ave Miami, FL 33127
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!!!!
Property details
- County
- Miami-Dade County
- Community
- Northern BLVD Track
- Elevation
- 10 feet
- MLS Number
- MAOR A11628132
- Date Posted
Legal description
NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4
Parcels
- 01-31-25-024-0290
Property taxes
- 2023
- $8,065
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 17, 2024 | Price drop | $2,295,000 | $400,000 -14.8% | MAOR |
| July 22, 2024 | New listing | $2,695,000 | — | MAOR |
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