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Northern Blvd Track

$1,600,000

3421 NW 5th Ave, Miami, FL 33127

Active
Last Updated: 11/07/2025

2,322 sqft

Building Size

2

Units

Details:
Building Size:    2,322 sqft
Units:    2
Year Built:    1948
Floors:    1
Parking Spots:    3
Gross Leaseable Area:    1,542
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: None
  • Architectural Style: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
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.

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