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3312 NW 5th Ave, Miami FL 33127

Multi-family For Sale
$1,800,000

BTC: 23.01348846

ETH: 711.32187315

New
0 room(s)
2,241 sqft

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1981
Lot:
No Data
Heating:
Central
Price/sqft:
$803
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$644,500
$487K – $1.2M
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,800,000 · +179.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$803
+84.0% vs. city median $436
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$25,825
2025
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-25-021-0291

    • Zoning: 6107

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $25,825

  • Source details

    • MLS ID: A12087488

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2241

    • Water Source: Municipal Water

    • Subdivision Name: BUENA VISTA EST

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Optimar International Realty