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Commercial For sale Land Multifamily

Best Priced Covered Land Play in Wynwood Norte

3421, Northwest 5th Avenue, Wynwood, Miami, Florida 33127

$1,590,000
Listed Jun 19, 2026
7,250 sqft
Lot

About this property

Best Priced Covered Land Play in Wynwood Norte is a land for sale in Miami, Florida, listed at $1,590,000. Key details: lot size 7,250 sqft, property status Normal Sale, building status Undeveloped Land. Listed by Vicente Rodriguez of Fausto Commercial on LoopingCloud and last updated June 19, 2026.

Motivated Seller! This rare development opportunity in Miami offers the perfect blend of immediate cash flow and high-density potential. Strategically positioned within the NRD-2 Zoning Overlay, this site is an ideal target for developers looking to maximize unit yield in one of Miami’s most dynamic neighborhoods.

Key Development Highlights

  • High-Density Potential: Zoning allows for 24 units by right, with a density capacity of 150 units/acre.

  • Zero Parking Requirement: A major cost-saving advantage that significantly improves project feasibility and maximize buildable square footage.

  • Versatile Permitted Uses: Flexible zoning supports Residential, Lodging, Office, Commercial, and Educational (schools/child care) projects.

  • Stable Income: Property currently generates $5,000+ monthly in rental income, providing reliable carry-cost coverage during the pre-development or entitlement phase.

Property Specifications

Feature Details
Zoning NRD-2 Overlay
Density 150 Units/Acre
Build Potential 24 Units (by right)
Current Income $5,000+/mo
Parking No Requirement

This is an exceptional opportunity for investors seeking to capitalize on Miami's urban growth. With a motivated seller and flexible, high-utility zoning, this site is primed for a variety of residential or commercial ventures.

Key highlights

  • Zoning Allows 24 units to be built
  • NRD-2 Zoning Overlay, 150 units/acre

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Lot Size
7,250 sqft
Property Status
Normal Sale
Building Status
Undeveloped Land

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,590,000 - - - -

Features and amenities

Property Other Use Types

  • Zoning Allows 24 units to be built
  • NRD-2 Zoning Overlay, 150 units/acre

Highlights

  • Permitted Uses: Residential, Lodging, Office, Commercial, Educational (Schools, child care facilities),

Location

Address as shown by the lister.

Get directions

About this area - Miami

Population
27,796
Housing units
9,681
Land area
3.2 sq mi
County
Miami Dade

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Links

1 link

Additional contacts

1 person to reach

Frequently asked questions

What is the asking price of Best Priced Covered Land Play in Wynwood Norte?

Best Priced Covered Land Play in Wynwood Norte is listed at $1,590,000.

Where is Best Priced Covered Land Play in Wynwood Norte located?

The property is in 3421, Northwest 5th Avenue, Wynwood, Miami, Florida 33127, Miami Dade County.

What type of property is this?

This is a land for sale in the commercial category.

How big is the property?

The lot is 7,250 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Vicente Rodriguez of Fausto Commercial listed this property. Use the Request Info button to send a message or call (305) 431-2258.

When was this listing published?

It was published on June 19, 2026 and last updated on June 19, 2026.

Listing information

Listing ID
CL-Florida-27937
Published
Jun 19, 2026
Last updated
Jun 19, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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