3421 5th Ave ,Commercial for Sale & Rent

3421 5th Ave for Sale & Rent

Price $1,700,000.00

  • Lot size 7250
  • Year Build 1948
  • Waterfront
  • Zip 33127
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

A covered land re-development opportunity functioning as an existing duplex, located in the Wynwood Norte neighborhood just outside of the bustling heart of Wynwood. The property is currently owner-occupied and contains two (2) living units, offering an investor the opportunity to tap into one of the fastest-growing neighborhoods in Miami while covering their bottom line with passive income as the area evolves. Falling under the NRD-2 zoning overlay, the site carries an increased density of 150 units to the acre compared to the 65 du/acre maximum in other areas of the city that share the T5 designation, allowing for a max. density of up to 24 units on this site.

NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4

A covered land re-development opportunity functioning as an existing duplex, located in the Wynwood Norte neighborhood just outside of the bustling heart of Wynwood. The property is currently owner-occupied and contains two (2) living units, offering an investor the opportunity to tap into one of the fastest-growing neighborhoods in Miami while covering their bottom line with passive income as the area evolves. Falling under the NRD-2 zoning overlay, the site carries an increased density of 150 units to the acre compared to the 65 du/acre maximum in other areas of the city that share the T5 designation, allowing for a max. density of up to 24 units on this site.

City:Miami,Zoning:T5-L,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:25.8088234,List Price:1700000,Listing Id:A11321661,Longitude:-80.2031487,Mls Status:Active,Year Built:1948,Postal Code:33127,Street Name:5th Ave,Coordinates:1:25.8088234,Photos Count:7,Business Type:1:Residential-Multi-Family,Days On Market:20,Lot Size Units:Square Feet,On Market Date:2022-12-14,Parcel Number:01-31-25-024-0290,Property Type:Commercial Sale,Stories Total:1,Street Number:3421,Public Remarks:A covered land re-development opportunity functioning as an existing duplex, located in the Wynwood Norte neighborhood just outside of the bustling heart of Wynwood. The property is currently owner-occupied and contains two (2) living units, offering an investor the opportunity to tap into one of the fastest-growing neighborhoods in Miami while covering their bottom line with passive income as the area evolves. Falling under the NRD-2 zoning overlay, the site carries an increased density of 150 units to the acre compared to the 65 du/acre maximum in other areas of the city that share the T5 designation, allowing for a max. density of up to 24 units on this site.,County Or Parish:Miami-Dade County,Expiration Date:2023-03-14,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3411,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:7944,Unparsed Address:3421 NW 5th Ave, Miami FL 33127,Listing Agreement:Exclusive Agency,Building Area Total:2259,Building Area Units:Square Feet,Lot Size Square Feet:7250,Original List Price:1700000,Public Survey Range:31,Documents Available:1:Photos,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:A covered land re-development opportunity functioning as an existing duplex, located in the Wynwood Norte neighborhood just outside of the bustling heart of Wynwood. The property is currently owner-occupied and contains two (2) living units, offering an investor the opportunity to tap into one of the fastest-growing neighborhoods in Miami while covering their bottom line with passive income as the area evolves. Falling under the NRD-2 zoning overlay, the site carries an increased density of 150 units to the acre compared to the 65 du/acre maximum in other areas of the city that share the T5 designation, allowing for a max. density of up to 24 units on this site.,Listing Contract Date:2022-12-14,Originating System I D:miamire,Public Survey Section:25,Street Number Numeric:3421,Tax Legal Description:NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2022-12-14,Internet Address Display Y N:1,Internet Entire Listing Display Y N:1,

  • Price $1,700,000.00
  • Price Change: 2023-01-03
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1948
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2023-01-03
  • Days on Market 33
  • Furnished
  • City Miami
  • Zip 33127
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 7944
  • Taxes Year