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Gridline Properties

3055 NW 5th Ave - 5th Avenue Development Site 0.22 Acres of Commercial Land Offered at $2,250,000 in Miami, FL 33127

3055 NW 5th Ave, Miami, FL for sale - Building Photo - Image 1 of 4
3055 NW 5th Ave, Miami, FL for sale - Building Photo - Image 2 of 4
3055 NW 5th Ave, Miami, FL for sale - Other - Image 3 of 4
Gridline Properties

INVESTMENT HIGHLIGHTS

  • Prime development potential on a double lot zoned T5-L
  • The lot houses a three-bedroom signle family home
  • Located in the NRD-2 zoning overlay which allows for 150 units per acre
  • Steps from Midtown , the Design District and the Wynwood Arts District

EXECUTIVE SUMMARY

Gridline Properties is pleased to present as exclusive listing agents 3055 NW 5th Avenue, a nearly 10,000-square-foot lot in Wynwood Norte. This is a unique opportunity to acquire a double lot, zoned T5 in Wynwood Norte’s NRD-2 zoning overlay.

ATTACHMENTS

3055 NW 5th Ave_v2

PROPERTY FACTS

Price $2,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units - Condo
Total Lot Size 0.22 AC
No. Stories 1
Zoning T5-L (Wynwood NRD-2) - Commercial Business

1 LOT AVAILABLE

Lot

Price $2,250,000
Price Per AC $10,234,995.50
Lot Size 0.22 AC

Prime development potential on a double lot zoned T5-L Located in the NRD-2 zoning overlay which allows for 150 units per acre. The lot houses a three-bedroom single-family home. Steps from Midtown, the Design District and the Wynwood Arts District.

DESCRIPTION

Located just north of the Wynwood Arts District, Wynwood Norte is emerging as a vibrant and dynamic neighborhood, blending the energy of urban renewal with the charm of historic Miami. Known for its cultural diversity and local artistry, the area has become an attractive destination for investors, developers, and residents alike. Wynwood Norte’s redevelopment aims to preserve its unique character while accommodating thoughtful growth, including mixed-use properties, affordable housing options, and community-focused amenities.

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  • MAP
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (77)

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Shelly Poston
    Shelly Poston
  • Alfredo Riascos
    Alfredo Riascos
  • Gridline Properties Gridline Properties

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  • Listing ID: 34820474

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: 3055 NW 5th Ave, Miami, FL 33127

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