Commercial property in Miami, Florida 143.26 sq.m. № 1965051

Commercial property in Miami, Florida 143.26 sq.m. № 1965051
ID1965051 $ 1 600 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1965051

Property 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.
MLS #: A11906825
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CityMiami
Address3421 NW 5th Ave, Miami FL 33127
TypeCommercial property
Living space143.26 m²
  • sq. ft
Completion dateIV quarter, 1948
Parking places3
Price
  • Price
  • per m²
$ 1 600 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £