Owner & SellerHome ValuePricing

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

Own in Northern Boulevard?
Own in Northern Boulevard?
OFF MARKET
$1,975,000
$720K
Estimate Payment $10,659Closing Costs
Beds
1,542
SqFt
$1,281
$/SqFt
High-End MultifamilyProperty Type
1948Year Built
$1,281/SqFtPrice per sq ft
FenceExterior Features
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!
Listing Courtesy Of: Elite Ocean View Realty LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 831 DaysUpdated: 579 Days agoPage Views: 0

Features

MLS Number: A11628143
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 .
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        Community Snapshot
        1 – 3 BR
        Bedrooms
        $359K – $1.7M
        Price Tier
        401 - 7,150
        SqFt Range
        1984
        Year Build
        8
        Total Floors

        Subdivision Amenities

        Cabana
        Dog Park
        Pool
        Recreation Facilities
        Sauna

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