Closed

Buena Vista Estates, 3312 NW 5th Ave, Miami, FL 33127

1,490,000(-9.4% )
2,241SqFt

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Details

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Status:
Sold - May 13, 2024
Size: 2,241 SqFt (208 m2)
Price: $602/SqFt ($6,484/m2)
Type: Multi Family
Built: 1981
MLS Number: F10414952
On Site: 594 Days
Updated: 455 Days ago
Page Views: 0
The wynwood community is known worldwide for its colorful murals and status. This is a prime property in the heart of wynwood surrounded by art galleries, stores, bars, restaurant, and antique shops. The 7464 square foot lot is situated on the highly desirable double-wide width 5th avenue, the landscaped median stretches along northwest 36 and 29 street. T5 zoning allows for development of a higher density and mixed-use building, including retail and office space with apartments. This duplex has 3 bedrooms and 2 bathrooms, 2 bedrooms and 1 bathroom. Both units present an excellent income generating opportunity! Wynwood's dynamic atmosphere and strategic location make it an ideal choice for investors looking to capitalize on the area's growth and popularity.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Terrazzo
      • Year Built: 1981
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-12-27T17:17:43.000-00:00
        Taxes, Fees & More
        • Taxes: 6722
        • Total Units in Building: 2

        Price History

        05/13/2024

        Date

        Sold

        Event

        $1.4M

        Price

        -9.4%

        Change Rate

        $602 ft2 / $6,484 m2

        Price Per

        12/27/2023

        Date

        Price Reduced

        Event

        $1.5M

        Price

        -90%

        Change Rate

        $665 ft2 / $7,157 m2

        Price Per

        12/27/2023

        Date

        Listed

        Event

        $14.9M

        Price

        $6,649 ft2 / $71,568 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by David BlockRealty 100 • Buyer Agency Compensation .

        Instant Comps

        $500/ft²
        $500/ft²
        $600/ft²
        $800/ft²

        Unit 3312 NW 5th Ave – Asking

        $602/ft²

        (-8%) from Closed Avg. $/ft²

        Closed Avg. $/ft²

        $658/ft²
        Community $/Price Range (Closed) $648/ft² – $648/ft²
        UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
        # 41913/52,241$658EastNone$1,475,0005/10/2024
        Unit: # 4191
        Bed/Bath: 3/5Size SqFt: 2,241$/SqFt: $658Exposure: EastView: NoneSold: $1,475,000Closed Date: 5/10/2024
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