5434 NE Miami Ct, Miami, FL 33137
5434 NE Miami Ct, Miami, FL 33137
5434 NE Miami Ct, Miami, FL 33137
5434 NE Miami Ct, Miami, FL 33137
5434 NE Miami Ct, Miami, FL 33137
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$ 650,000
Est. payment | /mo

6,098 Sqft Lot


$ 650,000
Est. payment | /mo

6,098 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Commercial Center

MLS Listing ID A11991524

HOA Y/N No

Annual Tax Amount $6,761

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 67x100

Property Description

T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroads

PRICED TO MOVE!
6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more.

Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units.

Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11,500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.

Location

State FL

County Miami-dade

Community Commercial Center

Area 31

Zoning 6101

Exterior

Utilities Available Electricity Available, Water Available

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 01-31-13-032-0130

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11991524

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

Nearby Locations

Lyka Mohammed

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 982-0314

lyka.m@theabbasgroup.com

11010 SW 88th St Ste 200, Miami, FL 33176, USA

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5434 NE Miami Ct