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: one with 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 1 bathroom. Both units provide excellent rental potential while investors plan for future development. With Wynwood's continued growth, strong demand, and unmatched cultural appeal, this property presents an exceptional opportunity for investors and developers seeking to capitalize on one of Miami's most desirable and thriving markets.
For sale
$1,800,000
3312 NW 5th Ave, Miami, FL 33127
5beds
3baths
2,241sqft
Duplex
Built in 1981
-- sqft lot
$-- Zestimate®
$803/sqft
$-- HOA
What's special
Two income-producing unitsBeautifully landscaped median
- 6 days
- 78
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Carmen Jones 305-725-1599,
Optimar International Realty,
Lucas Potasman 305-336-1684,
Optimar International Realty
Source: MIAMI,MLS#: A12087488
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Terrazzo
Interior area
- Total structure area: 2,394
- Total interior livable area: 2,241 sqft
Video & virtual tour
Property
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0131250210291
- Zoning: 6107
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Composition Roll,Shingle
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Buena Vista Est
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $803/sqft
- Tax assessed value: $1,254,025
- Annual tax amount: $25,825
- Date on market: 9/11/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $1,800,000-23.4%$803/sqft |
Source: | ||
| 1/23/2025 | Price change | $2,350,000-6%$1,049/sqft |
Source: | ||
| 12/21/2024 | Price change | $2,500,000-7.2%$1,116/sqft |
Source: | ||
| 6/4/2024 | Listed for sale | $2,695,000+99.6%$1,203/sqft |
Source: | ||
| 5/13/2024 | Sold | $1,350,000-9.4%$602/sqft |
Source: | ||
| 12/27/2023 | Listed for sale | $1,490,000$665/sqft |
Source: | ||
| 12/27/2023 | Listing removed | -- |
Source: | ||
| 12/21/2023 | Listed for sale | $1,490,000-6.9%$665/sqft |
Source: | ||
| 12/12/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/31/2023 | Price change | $1,600,000-13.5%$714/sqft |
Source: Owner Report a problem | ||
| 9/7/2023 | Listed for sale | $1,850,000$826/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,825 +278.3% | $1,254,025 +427.3% |
| 2024 | $6,826 +1.5% | $237,809 +8.1% |
| 2023 | $6,722 +30.9% | $219,890 +8.1% |
| 2022 | $5,133 +14.2% | $203,492 +8% |
| 2021 | $4,494 +81.4% | $188,481 +7.4% |
| 2020 | $2,478 +6.1% | $175,572 +7.5% |
| 2019 | $2,336 +17.8% | $163,310 +7.2% |
| 2018 | $1,984 | $152,282 +7.2% |
| 2017 | $1,984 +3.6% | $142,085 +7% |
| 2016 | $1,914 -17.8% | $132,740 +6.3% |
| 2015 | $2,329 +43.1% | $124,849 +6.2% |
| 2014 | $1,627 -10.3% | $117,598 +6.3% |
| 2013 | $1,815 | $110,638 -6.6% |
| 2012 | $1,815 +1.1% | $118,491 +0.9% |
| 2011 | $1,795 +5.2% | $117,476 +5.2% |
| 2010 | $1,707 -31% | $111,659 -24.4% |
| 2009 | $2,473 -45.1% | $147,725 -3.8% |
| 2007 | $4,503 +54.7% | $153,530 |
| 2006 | $2,911 | -- |
| 2005 | $2,911 -0.4% | -- |
| 2004 | $2,923 +32.3% | -- |
| 2003 | $2,210 +16.6% | -- |
| 2002 | $1,894 | -- |
| 2001 | $1,894 | -- |
Find assessor info on the county website
Monthly payment
Est. payment







