1 Acre of Land for Sale in Miami, Florida

3421 NW 5th Ave Miami, FL 33127

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$2,295,000
1 acre
Active sale$400k dropEst $17,321/mo

Amazing development opportunity located in the booming Design District / Wynwood area the property boasts a coveted T6 L allowing multi-story multi-unit developments. The location benefits from high-density T6-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!!!!

Location

Street Address
3421 NW 5th Ave
Community
Northern BLVD Track
Elevation
10 feet
Coordinates
25.8088, -80.203

Property details

MLS Number
MAOR A11628132
Date Posted

Property taxes

2023
$8,065

Parcels

  • 01-31-25-024-0290

Legal description

This 1-acre property is located at 3421 NW 5th Ave in Miami, FL 33127 with latitude 25.8088 and longitude -80.203. The property is currently available for sale for $2,295,000 with a price per acre of $2,295,000. Listing data is sourced from MIAMI Association of Realtors # A11628132.

Verify sale details at the property source or contact Elite Ocean View Realty at (305) 600-1278.

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Copyright (C) 2024 MIAMI Association of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 49 mins ago. Parcel data by Regrid.

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