$1,800,000

3312 NW 5TH AVE, MIAMI, FL 33127

0 baths2,241 sq ft2 to 4 unitsBuilt 1981
Updated today, November 3, 2026

This home against Old San Juan

$803 per sq ft, 19% under the Old San Juan median
55 days on the market
$25,825 in property taxes (2025)

Old San Juan today: 63 homes for sale, median list price $1,100,000.

About this home

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 that are currently vacant: one with 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 1 bathroom. Both units would 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.

Zoned schools

Elementary: Eneida M. Hartner Elementary School
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Roberto Clemente Park, 0.2 mi
Grocery: Trader Joe's, 0.6 mi

Distances from the center of Old San Juan, MIAMI.

Listing courtesy of Optimar International Realty. MLS# A12087488.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed September 9, 2026.

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