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- 3421 NW 5th Ave
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For Sale
Listed on November 6, 2025
3421 NW 5th Ave
$1,600,000
0 Beds
0 Baths
1,542 sqft
3 Parkings
Lot size
-
Annual Tax
$8,123
Occupancy
Tenant
Year Built
1948
Property type
Multifamily
#MLS
A11906825
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.
Florida Realty of Miami Corp
Features & Details
Learn about the features and details of 3421 NW 5th Ave
Property Details
- Property TypeDuplex
- Living Area1,542 sqft
- Year Built1948
- Lot Size-
- Stories-
- Annual Tax$8,123.00
- List Date11/6/2025
- Updated11/6/2025
- Last CheckedRecent
- MLS Number#A11906825
- BrokerageFlorida Realty of Miami Corp
- Postal Code33127
- AreaMiami-Dade County
- CityMiami
Additional Property Features
- OccupancyTenant
- List Price$1,600,000.00
- Unit Number-
- ConstructionBlock
- HeatingCentral,Electric
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air, Ceiling Fans, Electric
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2025
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
Learn about the price history of 3421 NW 5th Ave
Real estate trends
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Mortgage Calculator
Estimate monthly payments for 3421 NW 5th Ave
$0
20.0%
$1,600,000
1%
5.25%
10%
Estimated Monthly Payment
$7,670
Cash Flow Analysis
Mortgage Payment:
$7,670.37
Monthly Payment:
$8,347.29
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this beautiful duplex in the heart of Miami. This well-appointed property offers 1,542 square feet of living space. Originally built in 1948. Offered at $1,600,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 3421 NW 5th Ave
3421 NW 5th Ave, MLS® A11906825 has a size of 1542 sqft.
There are bedrooms and bathrooms in this Multifamily at 3421 NW 5th Ave, MLS® A11906825.
Yes, there is parking available with 3 spot(s).
Annual taxes for this home are $8,123 based on 2025 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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3421 NW 5th Ave
3421 NW 5th Ave