3055 5Th Ave Miami, FL 33127

This exceptional 10,000+ square foot corner lot, located at 3055 NW 5th Ave in Miami, Florida (zip code 33127), presents a remarkable opportunity for multifamily development. Situated in the highly desirable Wynwood Norte neighborhood, this property boasts a prime location on a coveted avenue. The lot is fully fenced and benefits from recently approved zoning allowing for up to 150 units per acre, or up to 38 units on this specific parcel. The zoning permits the construction of a five-story building, making it ideal for a high-density residential project. The property's strategic location offers convenient walkability to the Design District, Midtown Stores, and the vibrant Wynwood Art scene. While the property is currently zoned for multifamily development, it is important to note that the potential buyer should conduct their own due diligence to verify all zoning and development regulations. The asking price for this exceptional development opportunity is $2,500,000. Serious inquiries only, with proof of funds required. Please respect the privacy of current occupants and refrain from disturbing them.