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Mixed-Use Land for Sale in Miami, Florida

3421 NW 5th Ave, Miami, FL 33127

$1,600,000
0.17 acres
Active
ago
Est $11,597/mo

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.

Location

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

Property details

Lot size
0.17 acres7,405 sq ft
MLS #
MAOR A11906831
Posted

Property taxes

2025
$8,123

Parcels

  • 01-31-25-024-0290

Legal description

Resources

Details and features

Listing

Type
Land

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Nov 6, 2025New listing$1,600,000MAOR
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This 0.17-acre property is located at 3421 NW 5th Ave in Miami, FL 33127. The property is available for sale for $1,600,000.

Checked 48 mins ago — Updated

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