Home » Miami » 3312 NW 5th Ave, Miami, FL 33127 | F10414952

3312 NW 5th Ave, Miami, FL 33127 | Sold

$1,490,000
closed for a price of $1,350,000

Property Highlights

Listing ID F10414952 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 2,241 Sqft/208.20 m2 approx. Year Built 1981 Time of this property from published date until Closing Date 138 Days
27 Photos of this Property

3312 NW 5th Ave, Miami, FL 33127

Property Description: The Wynwood community is known worldwide for its colorful murals and status. This is a prime property in the heart of Wynwood surrounded by art galleries, stores, bars, restaurant, and antique shops. The 7464 square foot lot is situated on the highly desirable double-wide width 5th avenue, the landscaped median stretches along Northwest 36 and 29 street. T5 zoning allows for development of a higher density and mixed-use building, including retail and office space with apartments. This duplex has 3 bedrooms and 2 bathrooms, 2 bedrooms and 1 bathroom. Both units present an excellent income generating opportunity! Wynwood 's dynamic atmosphere and strategic location make it an ideal choice for investors looking to capitalize on the area 's growth and popularity.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$14,900,000
Original List Price:$14,900,000
Close Price:$1,350,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Terrazzo
Stories:1

Property Features

Waterfront:No
Exterior Features:
  • Fence
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$6,722

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax,Tax Reflects Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:Buena Vista Estates
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:3
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing Number: F10414952
Type of Association: None

Zoning and Legal

Tax Legal Description:BUENA VISTA EST PB 4-191 LOT 7 BLK 3 LOT SIZE 55.700 X 134 OR 15363-2539 0691 4
Real Estate Folio Number (Parcel Number):01-31-25-021-0291
Zoning Description:6107
Public Survey Township:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:December 27, 2023 5:17 pm
On Market Date:December 21, 2023
Listing Contract Date:December 21, 2023
Contingent Date:February 9, 2024
Close Date:May 13, 2024
Price Change Date Time:December 27, 2023 6:05 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 14, 2024 2:16 am
Status Last Changed:May 14, 2024 2:16 am
Photos Last Modified:December 27, 2023 10:47 pm
Last Modified:May 14, 2024 6:17 am
Days on the Market Reference Date:May 14, 2024
Days on the Market (updated on Last Modified*):50
Cumulative Days on the Market (updated on Last Modified**):50

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos Count:27
Area:31
Ref ID:1053933244
Automated Valuation Display:Yes
Courtesy of:Realty 100
Universal Property Id:US-12025-N-0131250210291-R-N

Location

Show Property Address:Yes
Street Name:5th Ave
Street Number:3312
Street Direction Prefix:NW
Street Address:3312 NW 5th Ave
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade County
Full Address:3312 NW 5th Ave, Miami, FL 33127
Latitude:N25° 48' 27.8''
Longitude:W81° 47' 46.6''

Neighborhood

Postal City:Miami

Property Map