3041 5th Ave Miami, FL 33127

Property Details for 3041 5th Ave

Year built

1926

Construction

TYPE NOT SPECIFIED

Lot size

0.17 lot acres

Property size

1,454 SF

Zone code

6107:RESID-MEDIUM RETAIL

Property type

Commercial land

APN

01-3125-024-1500

APU

131250241500

Description

This exceptional 7,200 sq ft lot in Miami's Wynwood Norte offers a unique multifamily development opportunity. Located in a rapidly growing neighborhood, this T5-L zoned property boasts a prime location near the Wynwood Arts District, ensuring high demand and strong appreciation potential. The property is designed for both long-term and short-term rentals, maximizing revenue streams. A fully prepared construction budget and complete architectural plans are available, streamlining the development process and minimizing delays. This project includes the potential for collaboration with an experienced general contractor with a proven track record of successful Wynwood developments, offering valuable expertise and local market insight. The comprehensive plans encompass all structural and design elements, from foundation to interior layouts, ensuring a seamless transition from investment to execution. This presents an exceptional opportunity to create a profitable asset in one of Miami's most vibrant and dynamic districts. The asking price is $2,600,000. This is more than just an investment; it's a chance to be part of Wynwood's continued transformation.