3421 NW 5th Ave, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
3421 NW 5th Ave,Miami, FL 33127
$1,600,000
Virtual Tour
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: adrian redondo
Office: florida realty of miami corp
MLS#:A11906831
Source:SEFMLS

Price summary

  • Price:$1,600,000

About this home

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.

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Home facts

  • Listing ID #:A11906831
  • Updated:November 15, 2025 at 10:57 AM

Structure and exterior

  • Lot area:0.17 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,600,000
  • Tax amount:$8,123 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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