3312 NW 5th Avenue, Miami, FL 33127

$1,800,000
2,241
SqFt

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List Price
$1,800,000
Status
ACTIVE
Days on Market
5
MLS#
A12087488
Subtype
Residential Income
Year Built
1981
Living Area
2,241
Subdivision
Buena Vista Est
MLS Area Major
2310

Property Description

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: one with 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 1 bathroom. Both units 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.

Additional Information

Taxes
$25,825
Flooring
Terrazzo
Heating
Central, Separate Meters
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Roof
Shingle
Elementary School
Eneida Massas Hartner
Middle School
Jose De Diego
High School
Booker T. Washington

Listing courtesy of Optimar International Realty. Contact:

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Agent: Carmen A Jones | Email: carmenajones@gmail.com