3411 NW 5th Ave, Miami FL, 33127

Active

3411 NW 5th Ave

Miami FL, 33127

$3,300,000

Active

Commercial

The subject property consists of a 12,000 SF prime development opportunity across two lots strategically located in Wynwood Norte. There are currently 2 buildings with 3 residential units. The site has approved plans for 40 residential units and 3 commercial units. 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. The property is strategically located on NW 5th Ave, the northern corner of Wynwood Norte, minutes away from Miami's trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the property is within close proximity to the I-195 exit which connects to the I-95.

A11497753

MLSⓇ ID

December 7, 2023

Listed

May 9, 2024

Updated

Map

3411 NW 5th Ave
Miami FL, 33127

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.32 Acres
Lot Features: City Location, 1-25 Acres
Sewer: None

Other Property Details

Area Name: Northern Blvd Track
Taxes: $15,249
Tax Frequency: Annually
Garage: No
View: No
County: Miami-Dade County
Water Source: Municipal Water
Pool: No
Zoning: 6107
Buyer Agency Compensation: 2%

Listed by: Dwntwn Realty Advisors LLC
Listing Contact: 786-325-9928

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 3:14 AM UTC, 5/9/2024.