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3312 Northwest 5th Avenue

Miami FL 33127

2394 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

2394 sq. ft. floor area
Duplex

Property history for 3312 Northwest 5th Avenue

2024
Sold
$1,350,000
13 May 2024 by David Block, PA, of REALTY 100

Happy sellers in Miami

94%
94% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Miami over the last 12 months.

Local market activity for duplexes in Miami

In the last 12 months, 44 duplexes similar to 3312 Northwest 5th Avenue, have been sold.

This represents a 8% increase in duplexes sales when compared to the previous 12 months.

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