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158-160 NW 39th St, Miami FL 33127

Lots/Land For Sale
$1,350,000

BTC: 21.20640905

ETH: 767.04545455

New
0 room(s)

Overview

Prime development opportunity in the heart of Miami’s Design District. This offering consists of two adjacent 5,000 SF lots (separate folios) being sold together, totaling 10,000 SF. The property presents a unique opportunity for developers, investors, or end-users to create one or two luxury residences in one of Miami’s most sought-after neighborhoods. Thoughtfully designed plans currently in the final stages of City review for a luxury 4-bedroom, 4.5-bath residence featuring an in-law suite and private pool, providing a valuable head start in the development process while preserving flexibility for customization. Ideally located just blocks from the Design District, Wynwood, and Midtown, with convenient access to world-class dining, shopping, and entertainment.

Location

Florida • Miami • 33127 • Lots/Land • For Sale

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
$950,000
$245K – $1.8M
Confidence Low
List vs. estimate
$400K above estimate
List $1,350,000 · +42.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
25 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $755K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,617
2025
All facts and features

  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 01-31-24-021-0835

    • Zoning: 0104

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Underground Utilities

  • Other financial information

    • Annual tax amount: $16,617

  • Source details

    • MLS ID: A12038650

    Other facts

    • Lot Features: City Location / Less Than 1/4 Acre Lot / Build To Suit / Fenced

    • Direction Faces: North

    • Other Structures: Other Bldg Incl

    • Water Source: Municipal Water

    • Subdivision Name: PRINCESS PARK

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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Market around this address

Live counts in the same area.
View all
This zip
33127
304
median $1.1M
Active
Same city
Miami
12,517
median $645K
Active
Same type
Lots/Land
348
median $749K
Active
Similar price
$944K – $1.8M
1,889
median $1.2M
Active

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: Colonial Investment Properties LLC