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Multifamily in Miami, FL 33127
Northern Boulevard, 3421 NW 5th Ave

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OFF MARKET
$1,975,000
$720K
Estimate Payment $10,659Closing Costs
Beds
1,542
SqFt
$1,281
$/SqFt
High-End Multifamily
Built in 1948
Fence
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!
MLS Number: A11628143
On Site: 809 Days
Updated: 557 Days ago
Page Views: 0

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

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        Price History

        Current
        $2M
        High
        $2.7M
        Low
        $1.9M
        Total Change
        -26.7%
        $2.8M$2.3M$1.8MJul 24Oct 24Jan 25Jan 25
        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 .

        Transit & Commute from Northern Boulevard

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        42
        Traffic score
        Congested area. Frequent traffic delays
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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        86
        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        56
        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        76
        100
        Sound Score®
        Very loud
        67
        100
        Airport Score
        Close to airports. Noticeable airport activity
        0
        100
        Traffic Score
        Congested area. Frequent traffic delays
        42
        100
        Local Score
        Limited local amenities nearby
        3
        100
        Community Snapshot
        1 – 3 BR
        Bedrooms
        $359K – $1.7M
        Price Tier
        401 - 7,150
        SqFt Range
        1974
        Year Build
        8
        Total Floors

        Subdivision Amenities

        Cabana
        Dog Park
        Pool
        Recreation Facilities
        Sauna

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        Other Miami, FL Homes & Condos Price Range Segments

        Entry-Level
        Entry-Level85
        Premium
        Premium224
        Mid-Tier
        Mid-Tier340
        Ultra Luxury
        Ultra Luxury74

        Northern Boulevard Communities in Miami, FL

        Entry-Level
        Entry-Level 1
        Inactive Segment
        Inactive Segment 1

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        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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