Commercial property in Miami, Florida 217.95 sq.m. № 2023581

Commercial property in Miami, Florida 217.95 sq.m. № 2023581
ID2023581 $ 1 499 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2023581

Property description

Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor — one of Miami’s most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand — a combination that’s increasingly difficult to find at this price point. Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors.
Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.
MLS #: A11959487
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CityMiami
Address7715 NE 5th Ave, Miami FL 33138
TypeCommercial property
Living space217.95 m²
  • sq. ft
Completion dateIV quarter, 1937
Parking places3
Price
  • Price
  • per m²
$ 1 499 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £