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3055 NW 5th Ave - 5th Avenue Development Site 0.22 Acres of Commercial Land Offered at $2,250,000 in Miami, FL 33127

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INVESTMENT HIGHLIGHTS

  • Prime development potential on a double lot zoned T5-L
  • The lot houses a three-bedroom signle family home
  • Located in the NRD-2 zoning overlay which allows for 150 units per acre
  • Steps from Midtown , the Design District and the Wynwood Arts District

EXECUTIVE SUMMARY

Gridline Properties is pleased to present as exclusive listing agents 3055 NW 5th Avenue, a nearly 10,000-square-foot lot in Wynwood Norte. This is a unique opportunity to acquire a double lot, zoned T5 in Wynwood Norte’s NRD-2 zoning overlay.

PROPERTY FACTS

Price $2,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units - Condo
Total Lot Size 0.22 AC
No. Stories 1
Zoning T5-L (Wynwood NRD-2) - Commercial Business

1 LOT AVAILABLE

Lot

Price $2,250,000
Price Per AC $10,234,995.50
Lot Size 0.22 AC

Prime development potential on a double lot zoned T5-L Located in the NRD-2 zoning overlay which allows for 150 units per acre. The lot houses a three-bedroom single-family home. Steps from Midtown, the Design District and the Wynwood Arts District.

DESCRIPTION

Located just north of the Wynwood Arts District, Wynwood Norte is emerging as a vibrant and dynamic neighborhood, blending the energy of urban renewal with the charm of historic Miami. Known for its cultural diversity and local artistry, the area has become an attractive destination for investors, developers, and residents alike. Wynwood Norte’s redevelopment aims to preserve its unique character while accommodating thoughtful growth, including mixed-use properties, affordable housing options, and community-focused amenities.

Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34820474

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: 3055 NW 5th Ave, Miami, FL 33127

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