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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
$1,005/SqFt ($10,820/m2)
Type
Multifamily
Built
1948
MLS Number
A11906825
On Site
313 Days
Updated
267 Days ago
Page Views
0
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.
Features
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
Apples-to-Apples Comparables
Price History
Current
$1.6M
High
$1.6M
Low
$1.6M
Total Change
-3.1%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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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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Northern Boulevard Communities in Miami, FL
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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