- MLS® #: A11968039
- 5130 - 5140 Nw 5th Avenue
- Miami, FL 33127-2139
- $3,375,000
- 5,800 SqFt
- Income
Corner lot in the heart of Edgewater’s urban core. Zoned T6-36a-L under Miami 21 by-right multifamily, boutique hotel, or short-term rental development with no rezoning required. Up to 66,000 buildable SF (FAR 12). Triple street frontage on a 5,500 SF lot. Existing fourplex sold AS-IS. No tenants, no leases. Immediate development potential upon closing or hold as income property. Located steps from Biscayne Bay, Wynwood, Midtown Miami, and the Design District. Excellent highway access via I-95/I-195. Buyer to verify all zoning and development potential with City of Miami.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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