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1568 SW 5th St, Miami FL 33135

Lots/Land For Sale
$550,000

BTC: 8.59375000

ETH: 305.55555556

14 days
0 room(s)

Overview

Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$415,000
$160K – $1.1M
Confidence Low
List vs. estimate
$135K above estimate
List $550,000 · +32.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
155 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $827K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,103
2025
All facts and features
  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 01-41-02-006-4890

    • Zoning: 3901

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $8,103

  • Source details

    • MLS ID: A12022548

    Other facts

    • Lot Features: Fenced

    • Direction Faces: North

    • Other Structures: None / Run Down

    • 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: Fausto Commercial Realty Consultants Inc