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    3422 5Th Ave Miami, FL 33127

    For Lease
    $4 SF/Yr

    Prime Wynwood location, new building, 1100-1500 sq ft.

    Lot size:
    14,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail space, located at 3422 NW 5th Ave in Miami, Florida (zip code 33127), offers a unique opportunity for businesses seeking a vibrant and rapidly growing location. Currently 1100 square feet, this space within a brand-new, four-story building offers the potential to expand to 1500 square feet, providing flexibility for future growth. Situated in the heart of Wynwood Norte, this property benefits from its proximity to the well-established Wynwood and Midtown areas, ensuring high visibility and accessibility. The building's modern design complements the trendy neighborhood aesthetic. The property is zoned 6107. The location boasts convenient access to 5th Avenue, providing excellent connectivity for customers and employees. With over 2000 residential units planned for construction within the next three years, Wynwood Norte is experiencing significant residential growth, creating a strong and expanding customer base for businesses in the area. The property's APN is 01-31-25-021-0180. The building is a single-tenant retail property and is expected to be completed in March 2025. This is a single-tenant space in a modern building, perfect for businesses looking to establish themselves in a thriving Miami neighborhood.

    Property Features for 3422 5Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,150 SF

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Size
    14,150 SF
    Rate per SF
    $4

    HighLights

    • 1100 SF retail space, expandable to 1500 SF, in a new four‑story building at 3422 NW 5th Ave, Miami, FL 33127.
    • Located in Wynwood Norte, near Wynwood & Midtown, offering high visibility and accessibility.
    • Zoned 6107, with convenient 5th Avenue access.
    • Strong growth potential due to over 2000 planned residential units within 3 years.
    • Single‑tenant occupancy, expected completion March 2025. APN: 01‑31‑25‑021‑0180.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2037144
    Latitude
    25.8088147

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    FAQs

    What type of property is this?
    Retail property - Prime Wynwood location, new building, 1100-1500 sq ft.
    Where is this retail property located?
    The property is located at 3422 5Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 1100 SF retail space, expandable to 1500 SF, in a new four-story building at 3422 NW 5th Ave, Miami, FL 33127.; Located in Wynwood Norte, near Wynwood & Midtown, offering high visibility and accessibility.; Zoned 6107, with convenient 5th Avenue access.
    Request Owner's contact information
    3422 5Th Ave Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3422 5Th Ave Miami, FL 33127
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