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279 NW 54th St, Miami FL 33127

Commercial For Sale
$825,000

BTC: 10.41666667

ETH: 336.87219273

New
0 room(s)

Overview

PRIME LITTLE RIVER/LITTLE HAITI REDEVELOPMENT OPPORTUNITY! Rare 6,650 SF development site with 50' of frontage directly on NW 54th Street with 17,200 Average Daily Traffic in one of Miami’s fastest-evolving corridors. Located near Magic City Innovation District and Design District, and minutes from Allapattah, Wynwood, Midtown, MiMo and the Beaches, with easy access to I-95 and Biscayne Blvd. T5-O Miami 21 zoning offers flexible potential for multifamily (city will allow 9 units; 5 stories with ground floor under-parking, per Seller), commercial, lodging and mixed-use development. Currently improved with an income-producing duplex and abundant parking, offering additional value-add or holding potential while planning future redevelopment. A compelling opportunity to develop, reposition or generate income while benefiting from the continued growth of this dynamic Miami location.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1939
Lot:
6650 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,000,000
$495K – $1.4M
Confidence Low
List vs. estimate
$175K below estimate
List $825,000 · -17.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $612K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 6650 Square Feet

    Other Property Information

    • Parcel Number: 01-31-13-048-0730

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Source details

    • MLS ID: A12085823

    Other facts

    • Lot Features: Central Business District / City Location

Private inquiry
Talk to the advisor on this listing.
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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: Graber Realty Group LLC