NORTHERN BLVD TRACK

3411 NW 5th Ave, Miami FL 33127

Closed

$3,300,000

Est. Payment $17,564/mo

MLS Sheet

256

Days on Market

Description

The subject property consists of a 12,000 SF prime development opportunity across two lots strategically located in Wynwood Norte. There are currently 2 buildings with 3 residential units. The site has approved plans for 40 residential units and 3 commercial units. The location benefits from high-density T5-L zoning falling within the Wynwood Norte NRD2 overlay, allowing for 150 units per acre, 5 stories by right, with an additional 3 stories available via bonus. The property is strategically located on NW 5th Ave, the northern corner of Wynwood Norte, minutes away from Miami’s trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the property is within close proximity to the I-195 exit which connects to the I-95.

Facts

MLS#: A11497753
Subdivision: NORTHERN BLVD TRACK
Property Type: Commercial Land
Property Sub Type: —
Year Built: —
Lot Size: 0 acres
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 256 days
Listed: Dec 7, 2023
Last Updated: Aug 28, 2024
Price/Lot Sq.Ft.: —

Comparable homes

Same ZIP, similar price + bedrooms.

SOLD

$3,250,000

— bd · 0 ba · —

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5130 - 5140 NW 5th Avenue, Miami FL 33127

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5130 - 5140 NW 5th Avenue, Miami FL 33127

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SOLD

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924 NW 22nd St, Miami FL 33127

SOLD

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— bd · 0 ba · —

1990 N Miami Ave, Miami FL 33127

$3,475,000

— bd · 0 ba · 2,983 sqft

118 NW 24th St, Miami FL 33127

$3,475,000

— bd · 0 ba · —

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SOLD

$3,495,000

— bd · 0 ba · —

260 NW 36th St, Miami FL 33127

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/28/2024	Sold	$3,300,000
12/7/2023	Listed for sale	$3,300,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

3411 NW 5th Ave, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Ebenezer Christian Academy II
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Ebenezer Christian Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.3 mi
Ball Of Fire Paradise Day Care
PK,KG · private · 0.3 mi
Design & Architecture Senior High School
9,10,11,12 · public · 0.3 mi
Dade Prep Academy
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Shadowlawn Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
Archbishop Curley Notre Dame High School
6,7,8,9,10,11,12 · private · 0.6 mi
Young Men's Preparatory Academy
6,7,8,9,10,11,12 · public · 0.7 mi
Jose De Diego Middle School
6,7,8 · public · 0.8 mi
Oasis Child Development Center
PK,KG · private · 0.8 mi

Estimated Monthly Payment

$20,464/mo

Principal & Interest

$17,564

Property Tax

$2,750

Insurance

$150

HOA

Down Payment20% ($660,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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