Miami, FL 33127,3411 NW 5th Ave
$2,800,000
$3,300,000
15.2%
Est.Price: ?

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3411 NW 5th Ave Miami, FL 33127

Est. payment /mo
SOLD DATE : 08/19/2024

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Key Details

Sold Price $2,800,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Northern Blvd Track

MLS Listing ID A11497753

Sold Date 08/19/24

HOA Y/N No

Annual Tax Amount $15,249

Tax Year 2022

Property Description

The subject property consists of a 12,000 SF prime development opportunity across two lots strategically located in Wynwood Norte. There are currently 2 buildings with 3 residential units. The site has approved plans for 40 residential units and 3 commercial units. The location benefits from high-density T5-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. The property is strategically located on NW 5th Ave, the northern corner of Wynwood Norte, minutes away from Miami’s trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the property is within close proximity to the I-195 exit which connects to the I-95.

Location

State FL

County Miami-dade County

Community Northern Blvd Track

Area 31

Exterior

Utilities Available Other, Sewer Not Available

Waterfront No

Street Surface Other

Building

Sewer None

Water Public

Others

Tax ID 01-31-25-024-0300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Dwntwn Realty Advisors LLC
Bought with Alphabet International Realty, LLC.
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