Northern Boulevard, 3421 NW 5th Ave Miami, 33127

2,695,000(-14.84% )
$2,295,000Price
1,542SqFt

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Size: 1,542 ft2 / 143 m2
Price: $1,488 ft2 / $16,020 m2
Built: 1948
MLS Number: A11628143
On Site: 121 Days
Updated: 14 Days ago
Page Views: 0
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!!!!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Fence, FruitTrees, Porch, StormSecurityShutters
Price History
10/18/2024

Date

Price Reduced

Event

$2.3M

Price

-14.84%

Change Rate

$988 ft2 / $10,639 m2

Price Per

07/22/2024

Date

Listed

Event

$2.7M

Price

$1,161 ft2 / $12,493 m2

Price Per

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

Listed by Teodoro PalmieriElite Ocean View Realty LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis
$200/ft²
$600/ft²
$1,100/ft²
$1,600/ft²

Unit 3421 NW 5th Ave – Asking

$1,488/ft²

(+214%) from Closed Medium $/ft²

Closed Medium $/ft²

$473/ft²
Community $/Price Range (Closed) $302/ft² – $691/ft²
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