3312 NW 5th Ave, Miami, FL, 33127
3312 NW 5th Ave, Miami, FL, 33127 - Image 23312 NW 5th Ave, Miami, FL, 33127 - Image 33312 NW 5th Ave, Miami, FL, 33127 - Image 43312 NW 5th Ave, Miami, FL, 33127 - Image 5

3312 NW 5th Ave, Miami, FL, 33127

5 bedrooms · 3 baths · 2,241 sq.ft.

Prime Wynwood Development & Investment Opportunity! Located in the heart of the world-renowned Wynwood Arts District, this exceptional property is surrounded by vibrant murals, art galleries, boutiques, trendy restaurants, bars, and antique shops. Situated on a 7,464-square-foot lot along the highly sought-after double-wide NW 5th Avenue, the property benefits from a beautifully landscaped median stretching between NW 29th Street and NW 36th Street. The property's desirable T5 zoning allows for higher-density, mixed-use development, offering outstanding potential for retail, office, and residential uses. Whether you're looking to redevelop or generate immediate rental income, this is a rare opportunity in one of Miami's most dynamic and rapidly evolving neighborhoods. Features two income-producing units that are currently vacant: one with 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 1 bathroom. Both units would provide excellent rental potential while investors plan for future development. With Wynwood's continued growth, strong demand, and unmatched cultural appeal, this property presents an exceptional opportunity for investors and developers seeking to capitalize on one of Miami's most desirable and thriving markets.

Information

Property typeMulti Family
Size2,241 sq.ft.
Year built1981
Stories1
Price per sq.ft.USD 803
Last sold2024-05-15
Last sold priceUSD 1,475,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 1,800,000

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Where it's located

Miami, United States

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