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3421 NW 5th Ave Miami, FL ^$ 1,550,000

3421 NW 5th Ave

^$ 1,550,000

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3421 NW 5th Ave

Miami, FL, 33127

^$ 1,550,000

Bedrooms2 Baths0.0 Sq 1,542

Monthly Estimate*

^$ 9,670

3421 NW 5th Ave, Miami, FL 33127 - Image 1

3421 NW 5th Ave, Miami, FL 33127 - Image 2

3421 NW 5th Ave, Miami, FL 33127 - Image 3

3421 NW 5th Ave, Miami, FL 33127 - Image 4

3421 NW 5th Ave, Miami, FL 33127 - Image 5

3421 NW 5th Ave, Miami, FL 33127 - Image 6

3421 NW 5th Ave, Miami, FL 33127 - Image 7

3421 NW 5th Ave, Miami, FL 33127 - Image 8

3421 NW 5th Ave, Miami, FL 33127 - Image 9

3421 NW 5th Ave, Miami, FL 33127 - Image 10

3421 NW 5th Ave, Miami, FL 33127 - Image 11

3421 NW 5th Ave, Miami, FL 33127 - Image 12

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Multi-Family Home for sale in Miami, FL

for $1,550,000 with 2 bedrooms. This 1,542 square foot home was built in 1948.

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.

Multi-Family Active

Price

^$ 1,550,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 8,123

Style

Year Built

1948

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11906825

Features

General

Sewer Public Sewer

Heating Central Electric

Cooling Central Air Ceiling Fan(s) Electric

Utilities Cable Available

Possession Closing & Funding Close Of Escrow

Roof Spanish Tile

Pool Features None

Construction Materials Block

Year Built 1948

Stories Count 1

Levels One

Property Subtype Duplex

Tax Year 2025

County Miami-Dade

Property Type Residential Income

Subdivision Name NORTHERN BLVD TRACK

Rent Includes Other

Full Baths 0

Status Active

City Miami

Zoning Description 6107

Number Of Units Total 1

MLS Area 31

Lot Size Units Square Feet

Listing Terms Cash Conventional

Year Built Details Effective Year Built

Tax Annual Amount 8123

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906825

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Duplex

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

Interior

Flooring Tile

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

Total Bedrooms 2

Total Baths 0

Exterior

Lot Features < 1/4 Acre

Total Parking 3

Building Area Total 2322

Waterfront Y/N false

Covered Spaces 0

* Excluded Features

List By

Florida Realty Of Miami Corp

Broker

adrianredondo45@gmail.com

Affordability Calculator

$10,347

Per Month

Monthly Principal & Interest: $9,670
Monthly Property Taxes: $677
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Miami, FL

Average List Price ^$1,164,928

Percent of Sale Price 25%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/8/2025	$1,550,000	-3.13%	Price Down
11/8/2025	$1,600,000		Listed Price

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3421 NW 5th Ave, Miami, FL, 33127 is a Multi-Family Home for sale at $1,550,000 with 1,542 sqft. 3421 NW 5th Ave has 2 bedrooms, 0.0 baths, and was built in 1948. The property's zip code is 33127 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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3421 NW 5th Ave

Multi-Family Home for sale in Miami, FL

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