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Northern Boulevard, 3421 NW 5th Ave
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OFF MARKET
$1,550,000
0.17
AcreStatus
OFF MARKETExpired
Size
0.17 Acres (674 m2)
Price
$9,117,647/Acre ($2,301/m2)
Type
Land
MLS Number
A11926962
On Site
280 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
All features
- Property SqFt: 7250
- Remarks: 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
- Internet Remarks: 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
- Waterfront: No info
- Directions: Northwest
- Days on Market: 45
- Compass Point: NW
- Office Name: Florida Realty of Miami Corp
- Area: 7250
- Taxes: 8338
- Tax Year: 2025
- Listing Date: 2025-12-08T13:50:35.000-00:00
- Lot Size Square Feet: 7250
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
12/08/2025
Listed
$1.6M
$214 ft2
$2,301 m2
12/08/2025
$1.6M
Event
Listed
Price Per
$214 ft2
$2,301 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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Entry-Level 1
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