Northern Blvd Track For Sale
3421 Nw 5th Ave, Miami, FL 33127

$1,600,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11906831
  • Virtual Tour: YES
  • List Price: $1,600,000
  • Taxes:$8,123
  • Listing Date:November 6, 2025
  • Days On Market:16

Description


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.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker