3421 5th Ave ,Residential, Northern Blvd Track for Sale & Rent

3421 5th Ave for Sale & Rent

Price $1,550,000.00

• Lot size 7250
• Year Build
• Waterfront
• Zip 33127
• Style
• Parking Description
• Pool Yes
• Status Active

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

NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4

Filled, Sidewalk

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

City:Miami,Zoning:6107,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.8088254,List Price:1550000,Listing Id:A11926962,Longitude:-80.2031561,Mls Status:Active,Current Use:1:Other Usage,Postal Code:33127,Street Name:5th Ave,Vegetation:1:Other Trees,Coordinates:1:25.8088254,Lot Features:1:Sidewalk,Photos Count:10,Building Name:NORTHERN BLVD TRACK,Days On Market:32,Listing Terms:1:Conventional,Lot Size Acres:0.17,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Northern Blvd Track,On Market Date:2025-11-06,Parcel Number:01-31-25-024-0290,Property Type:Land/Boat Docks,Street Number:3421,Public Remarks: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,County Or Parish:Miami-Dade County,Direction Faces:Northwest,Expiration Date:2026-02-06,List Office Name:Florida Realty of Miami Corp,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3411,Property Sub Type:Residential,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:NORTHERN BLVD TRACK,Tax Annual Amount:8338,Unparsed Address:3421 NW 5th Ave, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:7250,M I A M I R E_ Flood Zone:X,Original List Price:1600000,Previous List Price:1600000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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,Listing Contract Date:2025-11-06,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Call Listing Agent,Go Directly,Street Number Numeric:3421,Tax Legal Description:NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4,M I A M I R E_ Current Price:1550000,Public Survey Township:31,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Sitting on a 7,250 SF lot with T5-L zoning, this site allows for up to 25 residential units and 5 stories of buildable height,M I A M I R E_ Parcel Number M L X:0290,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.808824$-80.203047$130.48$13.33$1.00$XhbbHJyexGngnNyu3lUxEQ,Contract Status Change Date:2025-11-06,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:24,M I A M I R E_ Agent Alternate Phone:786-717-1323,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:3421 NW 5th Ave,Internet Automated Valuation Display Y N:1,