Investment Overview

Marcus & Millichap is pleased to present this exceptional mixed-use development opportunity located at 3041 NW 5th Avenue in Miami, Florida. Strategically positioned in the rapidly evolving Wynwood Norte neighborhood, plans include a five-story mixed-use project featuring 24 residential units above ground-floor retail. Significant pre-development work has been completed, including architectural plans, renderings, and supporting project documentation, providing investors with a streamlined path toward project execution. Positioned within a high-growth corridor, the area is characterized by strong demand for modern residential and retail spaces; this demand is driven by continued neighborhood revitalization and population growth. Notably, the property falls within the city’s NRD-2 (Neighborhood Revitalization District) overlay. The NRD-2 overlay encourages redevelopment and enhanced urban density, making this an especially attractive opportunity for investors and developers seeking exposure to one of Miami’s fastest growing and most culturally influential submarkets. Overall, the combination of extensive pre-development efforts, mixed-use flexibility, and strategic positioning makes this an exceptional opportunity for developers seeking scale and growth in Miami’s urban core.