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1090-1096 NW 54th St - Fully Approved Plans for 21-Units 0.39 Acres of Commercial Land Offered at $1,185,000 in Miami, FL 33127

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INVESTMENT HIGHLIGHTS

  • Qualified Opportunity Zone (QOZ) location
  • Rare full design & site plan approval for 21-unit project w/ economical design
  • High-Exposure location, 25,000 AADT and adjacent to national tenants
  • Live Local Eligible for greater density at buyer's will

EXECUTIVE SUMMARY

THE ALPHA COMMERCIAL ADVISORS PRESENTS A RARE, FULLY SITE PLAN APPROVED CORNER DEVELOPMENT OPPORTUNITY ALONG MIAMI’S SHIFTING PATH TO PROGRESS. Situated on the NW/NE 54th Street corridor, this opportunity-zone development site offers unmatched visibility and connectivity along one of Miami’s most important east–west arteries, linking the urban core with rapidly transforming neighborhoods.
The property comes with full site plan + design approval in place, allowing developers to bypass entitlement risk and move directly into permitting and
construction. While zoning permits additional density and height, the seller has strategically value-engineered the design into a conservative, efficient
21-unit multifamily plan—ensuring a cost-effective project that aligns with market demand and developer bottom line.
Alternatively, the exposure afforded by the double-frontage corner location, commercial zoning, 24,000+ daily traffic count, and direct adjacency to national retailers (situated opposite Wendy’s), opens further optionality to reposition as single-tenant retail or supportive uses at buyer’s discretion.
--Fast-Track Development: Fully-approved plans (both design and site plan) for an economic 21-unit, 3-story multifamily project, ready-to-execute, streamlined for cost-efficiency, and tailored to meet missing-middle market demand.
--Infill Opportunity Upside: Advantageous, lower barrier-to-entry option suited for small-scale developers looking to get in on the action ahead of the
game, all within the bounds of a Qualified Opportunity Zone (QOZ) location.
--Emerging Corridor: Strategically positioned at the crossroads of Liberty City and Little River, two submarkets undergoing major public & private
reinvestment thanks to Miami-Dade's wave of Live Local Act-driven projects.
--Corner Visibility Advantage: Highly visible corner with dual frontage along NW 54th Street, benefiting from traffic counts exceeding 25,000 daily vehicles
and direct adjacency to national QSR and retail tenants.
--Built-In Flexibility: Priced competitively to raw land alternatives on the basis of by-right allowances, preserving upside & optionality for future densification or higher-return programs/uses.

PROPERTY FACTS

Price $1,185,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Hotel
  • Storefront, Retail or Office
Total Lot Size 0.39 AC
No. Stories 2
Opportunity Zone Yes
Zoning T5-O - Max Density 25 units, Max Height 5 stories. Allowable uses: Multi-Family, Office, Retail, Education, Mixed Use, Religious

1 LOT AVAILABLE

Lot

Price $1,185,000
Price Per AC $3,038,461.54
Lot Size 0.39 AC

DESCRIPTION

Fully Approved Plans

Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3123-006-1140
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$841,462
  • Listing ID: 37595763

  • Date on Market: 9/9/2025

  • Last Updated:

  • Address: 1090-1096 NW 54th St, Miami, FL 33127

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