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
Baths0.0

Monthly Estimate*

$ 9,670

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Studio

Lots and Land for sale in Miami, FL

for $1,550,000. The lot size is 0.17.

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.

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Lots and Land Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,123

Style

Lot Size

0.17

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11906831

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Sewer Available Trash Collection Water Available
Possession Close Of Escrow
Tax Year 2025
County Miami-Dade
Property Type Land
Subdivision Name NORTHERN BLVD TRACK
Status Active
City Miami
Zoning Description 6107
MLS Area 31
Lot Size Units Square Feet
Lot Size Square Feet 7250
Listing Terms Cash Conventional
Tax Annual Amount 8123
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906831
Standard Status Active
Legal Description NORTHERN BLVD TR PB 2-29 LOT 12 BLK 2 LOT SIZE 50.000 X 145 OR 15591-2221 0792 4
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Interior
Total Baths 0
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Exterior
Lot Features <1 Acre
Water Source Public
Lot Size Area 7250
Lot Dimensions 50x145
Lot Size Acres 0.17
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Florida Realty Of Miami Corp

Broker

adrianredondo45@gmail.com

Email

Affordability Calculator

$10,347
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,670
Monthly Property Taxes
$677
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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

Map


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3421 NW 5th Ave, Miami, FL, 33127 is a Lots and Land for sale at $1,550,000 with a lot size of 0.17. 3421 NW 5th Ave is a studio with 0.0 baths. The property's zip code is 33127 which is in Miami, FL