Owner & SellerHome ValuePricing

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

Own in Northern Boulevard?
Own in Northern Boulevard?
OFF MARKET
$1,550,000
$50K
Estimate Payment $8,515Closing Costs
Beds
1,542
SqFt
$1,005
$/SqFt
High-End MultifamilyProperty Type
1948Year Built
$1,005/SqFtPrice per sq ft
Prime income-producing development site minutes from the Design District, Wynwood, Midtown, Downtown, and Brickell. 7,250 sqft T5-L zoned lot allowing up to 25 residential units plus retail or mixed-use development with no parking required under current Miami 21 zoning. Developers can build up to 5 stories with minimal setbacks, maximizing the site’s full potential. Existing duplex (4 bed / 2 bath / 2,322 sqft) can generate income while plans and permits are prepared — ideal for investors seeking both immediate cash flow and long-term appreciation. The neighborhood is rapidly transforming, with brand-new luxury apartment projects on nearly every corner, making this a rare opportunity in one of Miami’s most desirable growth corridors.
Listing Courtesy Of: Florida Realty of Miami Corp
Local Realty Services Provided By: Best of Luxury Realty
On Site: 361 DaysUpdated: 316 Days agoPage Views: 0

Features

MLS Number: A11906825
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir, CeilingFans, Electric
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1948
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-11-06T10:40:00.000-00:00
          Taxes, Fees & More
          • Taxes: 8123

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          Price History

          Current
          $1.6M
          High
          $1.6M
          Low
          $1.6M
          Total Change
          -3.1%
          $1.6M$1.6M$1.5MNov 25Dec 25
          Date
          Event
          Price
          Change
          Price Per
          12/08/2025
          Price Reduced
          $1.6M
          -3.13%
          $1,005 ft2
          $10,820 m2
          11/02/2025
          Listed
          $1.6M
           
          $1,038 ft2
          $11,169 m2
          12/08/2025
          $1.6M
          Event
          Price Reduced
          Change
          -3.13%
          Price Per
          $1,005 ft2
          $10,820 m2
          11/02/2025
          $1.6M
          Event
          Listed
          Price Per
          $1,038 ft2
          $11,169 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Adrian Redondo • Florida Realty of Miami Corp • 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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