$1,800,000

For sale

3312 NW 5th Ave, Miami FL 33127

2,241 sq ftBuilt 1981MLS# A12087488

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About this property

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.

Property details

Property type
Multi-family
Year built
1981
Living area
2,241 sq ft
Price per sq ft
$803
Property taxes
$25,825/yr
Floors in building
2
Building / community
Buena Vista Est
Status
For sale
MLS #
A12087488

Listing courtesy of Optimar International Realty.

Location

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