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3421 NW 5th AveMiami, FL 33127

For Sale

$1,600,000

Smart Buyer Rebate $16,000

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.

Listed by Adrian Redondo

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License #3543715

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Florida Realty of Miami Corp

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786-717-1323

Last updated November 06, 2025

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Source: MIAMIRE #A11906825

Listing Facts

  • TypeMulti-family
  • NeighborhoodLittle San Juan
  • Days on Prevu13
  • Taxes$8,123/year
  • Size1,542 sqft
  • Price per sqft$1,038

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

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Listing History

11/06/2025
Listed by Florida Realty of Miami Corp
$1,600,000

Property Details for 3421 NW 5th Ave

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Roof: Curved/S-Tile Roof
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1948
  • Year Built Details: Effective Year Built
  • Architectural Style: Other
  • Building Name: NORTHERN BLVD TRACK
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 2,322
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-25-024-0290
  • Tax Annual Amount: $8,123.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 1,542
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: NORTHERN BLVD TRACK

Parking

Parking

  • Parking Total: 3

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.