3421 5th Ave ,Detached, Duplex, Northern Blvd Track for Sale

3421 5th Ave for Sale

Price $1,975,000.00

• Lot size 2322
• Year Build 1948
• Waterfront
• Zip 33127
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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!

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

Less Than 1/4 Acre Lot

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!

City:Miami,Zoning:6107,Cooling:1:Central Air,2:Electric,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.8088234,Cooling Y N:1,Heating Y N:1,List Price:1975000,Listing Id:A11628143,Longitude:-80.2031487,Mls Status:Active,Year Built:1948,Inclusions:None,Living Area:1542,Postal Code:33127,Street Name:5th Ave,Coordinates:1:25.8088234,Photos Count:23,Building Name:NORTHERN BLVD TRACK,Days On Market:200,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Northern Blvd Track,On Market Date:2024-07-22,Parcel Number:01-31-25-024-0290,Parking Total:2,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:3421,M I A M I R E_ Style:Duplex,Public Remarks: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!,County Or Parish:Miami-Dade County,List Office Name:Elite Ocean View Realty LLC,Standard Status:Active,Window Features:1:Sliding,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:3411,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:NORTHERN BLVD TRACK,Tax Annual Amount:8065,Unparsed Address:3421 NW 5th Ave, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2322,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:1280.8042,Original List Price:2695000,Previous List Price:1939000,Public Survey Range:31,I D X Participation Y N:1,Number Of Units Total:2,Syndication Remarks: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 Contract Date:2024-07-22,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Showing Assist,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?,M I A M I R E_ Adjusted Area S F:1542,M I A M I R E_ Internet Remarks:Amazing development opportunity Design District /Wynwood area, property 7,250 sq ft boasts a coveted T6 L allowing multi-story multi-unit developments,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-07-22,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:1280.8,