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1324 SW 5th St, Miami FL 33135

Lots/Land For Sale
$650,000

BTC: 7.98084597

ETH: 267.26973684

-$50K (2026/09/10)
61 days
0 room(s)

Overview

Exceptional development opportunity in the heart of Miami. This 7,500 SF vacant lot is ideally positioned in the vibrant Little Havana area, just blocks from Calle Ocho and minutes from Brickell, Downtown Miami and Coral Gables. T4-L zoning allowing multifamily development and up to three stories, the property presents an exciting opportunity for a developer, builder or investor looking to capitalize on one of Miami's most centrally located urban neighborhoods. Convenient access to SW 8th Street, major thoroughfares, employment centers, dining, entertainment and Miami's urban core. A rare opportunity to acquire a vacant development site surrounded by some of the city's most dynamic neighborhoods. Buyer to independently verify current zoning, density, permitted uses and development potential with the City of Miami.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$524,500
$274K – $1.5M
Confidence Low
List vs. estimate
$125K above estimate
List $650,000 · +23.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,034
2025
All facts and features
  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 01-41-02-006-5280

    • Zoning: 3901

  • Type and style

    • Property Type: Land/Boat Docks

  • Other financial information

    • Annual tax amount: $13,034

  • Source details

    • MLS ID: A12071540

    Other facts

    • Lot Features: No Misc/Improvements

    • Direction Faces: North

    • Other Structures: None

    • Subdivision Name: LAWRENCE ESTATES LAND COS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties