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Northern Boulevard, 3421 NW 5th Ave
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OFF MARKET
1,542
SqFtStatus
OFF MARKETExpired
Size
1,542 SqFt (143 m2)
Price
$1,281/SqFt ($13,787/m2)
Type
Multifamily
Built
1948
MLS Number
A11628143
On Site
785 Days
Updated
533 Days ago
Page Views
0
HUGE PRICE REDUCTION! 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. Within close proximity to the I-195 exit which connects to the I-95. Endless possibilities await!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Fence, FruitTrees, Porch, StormSecurityShutters
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Sliding
- Year Built: 1948
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-07-22T16:35:28.000-00:00
Taxes, Fees & More
- Taxes: 8065
Apples-to-Apples Comparables
Price History
Current
$2M
High
$2.7M
Low
$1.9M
Total Change
-26.7%Date
Event
Price
Change
Price Per
01/31/2025
Price Increased
$2M
1.86%$1,281 ft2
$13,787 m2
01/28/2025
Price Reduced
$1.9M
-15.51%$1,257 ft2
$13,535 m2
10/18/2024
Price Reduced
$2.3M
-14.84%$1,488 ft2
$16,020 m2
07/22/2024
Listed
$2.7M
$1,748 ft2
$18,813 m2
01/31/2025
$2M
Event
Price Increased
Change
1.86%Price Per
$1,281 ft2
$13,787 m2
01/28/2025
$1.9M
Event
Price Reduced
Change
-15.51%Price Per
$1,257 ft2
$13,535 m2
10/18/2024
$2.3M
Event
Price Reduced
Change
-14.84%Price Per
$1,488 ft2
$16,020 m2
07/22/2024
$2.7M
Event
Listed
Price Per
$1,748 ft2
$18,813 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Teodoro Palmieri • Elite Ocean View Realty LLC • Buyer Agency Compensation .
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Scores
86
100
56
100
76
100
67
100
0
100
42
100
3
100
Community Snapshot
1 – 3 BR
Bedrooms
$359K – $1.7M
Price Tier
400 - 7,150
SqFt Range
1974
Year Build
8
Total Floors
Subdivision Amenities
Cabana
Dog Park
Pool
Recreation Facilities
Sauna
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Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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