2701 5Th Ave Miami, FL 33127
- Outlet malls
- 20,363 SF
- 0.66 lot acres
Current Use by Public Records
- Fashion Clothiers Inc / Clothing Store
Property Details for 2701 5Th Ave
- Year built
- 1963
- Construction
- CONCRETE
- Lot size
- 0.66 lot acres
- Property size
- 20,363 SF
- Zone code
- 6101
- Property type
- Outlet malls
- APN
- 01-3125-032-0530
- APU
- 131250320530
Description
This exceptional 31,250 square foot commercial land parcel is situated at 2701 NW 5th Avenue in Miami, Florida, zip code 33127. Zoned Wynwood NRD T5-O, this prime location offers significant development potential. The property boasts three street frontages on a major avenue within Wynwood's thriving pedestrian district, ensuring high visibility and foot traffic. Its strategic position between 545 Wyn and Nomad Residences, near Casa Tua, places it within a vibrant and rapidly developing area. The zoning allows for high-density multi-family development, with the potential for up to 8 stories and 161 multifamily units, with further potential increases under the Live Local Act. This urban infill site presents a unique opportunity to capitalize on Wynwood's continued growth and desirability as a global destination. The asking price for this exceptional development opportunity is $25,000,000. This property is located in Miami-Dade County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2028
- Latitude
- 25.8024
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
