3421 NW 5th Ave, Miami, FL 33127

Property Description

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 Status:

Active

Date Added:

November 6, 2025 at 06:00AM

Listing Office:

Florida Realty of Miami Corp : 305-598-5488

Listing Agent:

Adrian Redondo : 786-717-1323

MLS ID:

A11906831

Location

• Road/Access: Public Road
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 6107NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 401-31-25-024-0290
• Fencing: Fenced
• Current Use: Unimproved Business/CommercialUnimproved Hotel/MotelUnimproved Multi Family (5+Units)

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater ConnectedCable AvailableElectricity AvailableSewer AvailableTrash RemovalWater Available
• Water: Municipal Water
• Sewer: Public Sanitation

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Adrian Redondo, Florida Realty of Miami Corp