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0-2939 SW 5th St, Miami FL 33135

Lots/Land For Sale
$1,000,000

BTC: 12.39157373

ETH: 416.66666667

50 days
0 room(s)

Overview

Located on an oversized 10,023 SF corner lot in Little Havana, this T3-O zoned property presents a compelling land opportunity in one of Miami's rapidly evolving neighborhoods. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (ADU) development, while the surrounding mix of higher-density and multi-family projects encourages buyers to explore future rezoning potential. The expansive corner parcel offers exceptional flexibility for redevelopment, investment, or the creation of a custom residential project. The existing property includes a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, providing approximately 1,555 SF of living area (1,617 SF total). The improvements offer the flexibility to generate rental income or occupy the property while future plans are developed. Just minutes from Calle Ocho, Coral Gables, Downtown Miami, Brickell, and SR-836, the location combines outstanding accessibility with long-term growth potential.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$825,000
$296K – $1.5M
Confidence Low
List vs. estimate
$175K above estimate
List $1,000,000 · +21.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
35 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $685K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,467
2025
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 01-41-04-016-0070

    • Zoning: 5700

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,467

  • Source details

    • MLS ID: A12048568

    Other facts

    • Lot Features: Corner Location / Near School / Less Than 1/4 Acre Lot / Fenced / Other / Sidewalk

    • Direction Faces: Southeast

    • Other Structures: Livable

    • Water Source: Municipal Water

    • Lot Size Dimensions: 95.460x105

    • Subdivision Name: CAROLINA HEIGHTS 2ND SEC

Private inquiry
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Market around this address

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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: Compass Florida, LLC.