3312 NW 5th Avenue, Miami, FL 33127

$1,800,000
Property Type: Residential Income Square Footage: 2,394 Status: Active
Current Price: $1,800,000 List Date: 9/11/2026 Last Modified: 10/14/2026

Overview

Description

Prime Wynwood Development & Investment Opportunity! Located in the heart of the world-renowned Wynwood Arts District, this exceptional property is surrounded by vibrant murals, art galleries, boutiques, trendy restaurants, bars, and antique shops. Situated on a 7,464-square-foot lot along the highly sought-after double-wide NW 5th Avenue, the property benefits from a beautifully landscaped median stretching between NW 29th Street and NW 36th Street. The property's desirable T5 zoning allows for higher-density, mixed-use development, offering outstanding potential for retail, office, and residential uses. Whether you're looking to redevelop or generate immediate rental income, this is a rare opportunity in one of Miami's most dynamic and rapidly evolving neighborhoods. Features two income-producing units that are currently vacant: one with 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 1 bathroom. Both units would provide excellent rental potential while investors plan fo ...

Listing Details MLS# A12087488

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2394
Living Area Main
2241
Adjusted Area Main
2279
Year Built
1981
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: None Flooring: Terrazzo Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Special Information: Corporate Owned Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Water Source: Public Showing Requirements: 24 Hour Notice; Showing Service Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1800000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
3312
Street Direction Prefix
NW
Street Name
5th
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
3410
Postal Zip
33127
Subdivision Name
BUENA VISTA EST
Area
2310
Elementary School
Eneida Massas Hartner
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0131250210291
Subdivision Number
21
Zoning
6107
Flood Zone
AH,X
Directions
Google map

Financial Information

Tax Annual Amount
25825
Tax Year
2025
Tax Legal Description
BUENA VISTA EST PB 4-191 LOT 7 BLK 3 LOT SIZE 55.700 X 134 OR 15363-2539 0691 4

Status Change Information

Major Change Timestamp
2026-09-11T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-14

More Information

Income and Expenses

Gross Income
500

Unit 1 Details

Actual Rent
500
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Occupant Type
Vacant

Price Calculations

Current Price To SqFt
803.21

Section Details

Parcel Number MLX
0291

Originating Details

Originating System Key
562893165
Originating System ID
M00000151
IDX
Listing Office: Optimar International Realty
Source MLS Verified
Last Updated: October - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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