Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

5434 NE Miami Ct - T5-O Development Site 0.16 Acres of Residential Land Offered at $880,000 in Miami, FL 33137

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Fully Approved, Shovel-Ready 10 Units – Start construction immediately and avoid costly delays, resubmittals, and entitlement risk
Prime Buena Vista / Biscayne Corridor Location – High-demand rental pocket near Design District & Wynwood drives tenant demand and rent growth

~$88K/Unit Basis | 19,100 Buildable SF – Strong entry pricing with attractive margins compared to nearby new construction comps
Seller Financing + Value-Add Upside – Flexible terms plus potential for additional unit/gym space to enhance returns and exit value

Executive Summary

City of Miami process number: BD22-029889-001
Project address: 5434 NE Miami Ct
Category: New Construction
Folio: 01-3113-032-0130
Vacant land with approval for the construction of 10 units
Plans already approved by the City of Miami (review status attached with all disciplines approved)
Lot size: 6,750 square feet
Number of units: 10
Unit Mix: Eight 2 beds, Two 3 beds
19,100 buildable SF
Space for gym / potential additional 1-bedroom unit (post-permitting)
Estimated construction cost: approximately $3,200,000
Impact fees for permitting: between $65,000 and $85,000

5434NEMIAMICT-BK-RDP

Property Facts

Price	$880,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units Hold For Development
Sale Conditions	Build to Suit Redevelopment Project	Total Lot Size	0.16 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	T5-O - Multifamily zoning with approved plans and permits ready to build your next project . Seller very motivated and will look at all reasonable offers

Price	$880,000
Sale Type	Investment
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Multifamily Apartment Units Hold For Development
Total Lot Size	0.16 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T5-O - Multifamily zoning with approved plans and permits ready to build your next project . Seller very motivated and will look at all reasonable offers

1 Lot Available

Lot 5434

Price	$880,000	Lot Size	0.16 AC
Price Per AC	$5,677,419.35

Price	$880,000
Price Per AC	$5,677,419.35
Lot Size	0.16 AC

Approved Full set of plans available upon request.

Description

Fausto Commercial presents a shovel-ready 10-unit development opportunity in the heart of Buena Vista, Miami (33137). The 6,750 SF lot is fully entitled with approved plans and permits for a 19,100 buildable SF multifamily project, enabling developers to break ground immediately. The property is strategically positioned within Miami’s highly desirable Biscayne Corridor, offering proximity to major lifestyle, employment, and transit hubs including the Miami Design District, Wynwood Arts District, and Magic City Innovation District. Zoned T5-O, the site provides flexibility for urban mixed-use concepts, though it is currently approved for multifamily development. This offering is well-suited for developers seeking speed to market, certainty of approvals, and exposure to one of Miami’s most dynamic submarkets. Seller Finance offers welcome!

1 1