by RH Advisors

Check Availability
$2,500,000
House - For Sale

3055 NW 5th Ave

Miami, FL 33127
bedrooms
6 Beds
bathrooms
3 Baths
square feet
1526 Sqft
$13,393
Estimated Monthly
$0
HOA / Fees
8.82%
Cap Rate

About This Property

10,000+-  SF  T5-L - CORNER PROPERTY Right at WYNWOOD NORTE. On one of the most desirable Ave. (5th avenue). fenced all around the lot, New zoning approved Up to 150 units per acre. Land is zoned for multifamily development. Up to 38 units Great opportunity to build a 5 story building. Live or do short term during plan's approval. Walk distance to Design District, Midtown Stores, Wynwood Art, Call the listing Broker for more info. Please do not call or disturb occupants. Serious inquiries only. Offers with Proof of funds only.
Unit Size
1,526Ft²
Days on Market
58 days
Land Size
0.22 acres
Price per sqft
$1,638
Property Type
House
Property Taxes
$1,117
HOA Dues
-
Year Built
1926
Listed By
Gil Brendel
G Realty Group, LLC.
Last updated: 2 months ago (Miami MLS #A11544187)

Price History

Date / Event Date Event Price
Mar 4, 2024 Listed by G Realty Group, LLC. $2,500,000
Listed by G Realty Group, LLC.
Jul 2, 2023 No longer available -
No longer available
Jul 1, 2023 Relisted $4,500,000
Relisted
Apr 30, 2023 No longer available -
No longer available
Apr 14, 2023 Price Increased $4,500,000
↑ $501K (12.5%)
Price Increased
Show More

Property Highlights

Parking Details
Has Garage
Parking Features: Other
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 3

Bedroom Information

Bedrooms: 6
Bedroom Features: None

Interior Information

Interior Features: First Floor Entry, Other
Flooring Type: Other

Room Information

Living Room Features: Other

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 250
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,576
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 665
  • Total Building Area: 1,842
  • Gross Building Area: 1,842
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHERN BLVD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHERN BLVD TR PB 2-29 LOT 10 BLK 10 LOT SIZE 66.500 X 144 OR 19006-3567 02 2000 1

Ownership

  • Current Owner : MEGA GROUP MIAMI LLC
  • Previous Owner : SOLANO PEDRO PABLO
  • Owner Before Previous Owner: CLERK OF THE COURT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002600

Zoning

  • Zoning: 6107

Geography

  • Assessors Map Reference: 152
  • District: 01
  • Subdivision Tract Number: 2-29
  • Parcel: 01-3125-024-1480
  • Block: 10
  • Lot: 10
  • Meridian: SEC 25 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8054
  • Longitude: -80.203

    Address

  • Full Address: 3055 Nw 5th Ave
  • Address - House Number: 3055
  • Street Direction: NW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C009
  • 4-Digit Zip Code: 3727
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 1,504
  • Tax Year: 2023
  • Tax Amount: $16,160
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,494,176
  • High Value: 1,789,329
  • Low Value: 1,199,023

    Market Valuation

  • Market Total Value: $961,028
  • Market Land Value: $878,588
  • Market Improvement Value: $82,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,640

    Sales

  • Current Sale Contract Date: Dec 03, 2015
  • Current Sale Recording Date: Dec 07, 2015
  • Current Sale Transaction ID: 1373102921
  • Current Sale Price: $144,600
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2015R0772075
  • Previous Sale Recording Date: Mar 02, 2000
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
2,764 ft²
$941/ft²
$2,600,000 Feb 9, 2023
$2,600,000 Jan 26, 2024
$1,792/mo
House
5 Beds
3 Baths
3,072 ft²
$742/ft²
$2,280,000 Oct 16, 2023
$2,280,000 Dec 29, 2023
$393/mo
Condo
6 Beds
7 Baths
3,171 ft²
$710/ft²
$2,250,000 Oct 25, 2023
$2,250,000 Dec 19, 2023
$4,568/mo
Condo
3 Beds
4 Baths
2,018 ft²
$1,140/ft²
$2,300,000 Apr 5, 2023
$2,300,000 Nov 22, 2023
$3,122/mo
Condo
2 Beds
3 Baths
1,910 ft²
$984/ft²
$1,880,000 Jul 29, 2023
$1,880,000 Dec 15, 2023
$2,100/mo
Condo
2 Beds
4 Baths
2,348 ft²
$775/ft²
$1,820,000 Aug 14, 2023
$1,820,000 Nov 30, 2023
$2,826/mo
House
6 Beds
5 Baths
2,578 ft²
$1,067/ft²
$2,750,000 Dec 28, 2023
-
$1,917/mo
House
5 Beds
3 Baths
1,701 ft²
$1,235/ft²
$2,100,000 Jan 25, 2024
-
$916/mo
House
3 Beds
2 Baths
1,220 ft²
$1,721/ft²
$2,100,000 Jun 23, 2022
-
$118/mo
House
5 Beds
3 Baths
-
$2,300,000 Feb 15, 2024
-
$522/mo
House
5 Beds
4 Baths
3,109 ft²
$868/ft²
$2,700,000 Sep 18, 2023
-
$3,333/mo
Condo
5 Beds
4 Baths
2,250 ft²
$933/ft²
$2,099,000 Jun 20, 2023
-
$4,200/mo

About Northern Miami


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Frequently Asked Questions

When was property at 3055 Northwest 5th Avenue built and last sold?
The property at 3055 Northwest 5th Avenue was built in 1926 and last sold on Dec 3, 2015 for $144,600.
How much is this home worth?
The estimated value of the home located at 3055 Northwest 5th Avenue is $2,525,000.
What are some comparable homes to 3055 Northwest 5th Avenue?
Homes that are comparable to 3055 Northwest 5th Avenue include a house property at 52 Northeast 47th Street, 245 Northeast 25th Street, 49 Northwest 35th Street.

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