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250 NW 51st St, Miami FL 33127

Lots/Land For Sale
$990,000

BTC: 13.02631579

ETH: 396.00000000

21 days
0 room(s)

Overview

Live where Miami's culture, design, and coastline all meet. This 7,200 SF vacant lot sits in the heart of Buena Vista. One of the city's most sought-after, fastest-appreciating neighborhoods. Just blocks from the Miami Design District's world-class galleries, boutiques, and restaurants, and a short stroll from the murals and energy of Wynwood. From here, Downtown/Brickell, Coral Gables' historic charm, and Miami Beach's sand and skyline are all a quick drive away, making this one of the most centrally located development sites in Miami. Zoned for single-family, duplex, or multifamily (2–9 units), this blank canvas is ready for a custom spec home, an income-producing duplex, or a boutique multifamily project on tree-lined, walkable streets with rising demand. This isn't just a lot, it's a foothold in the epicenter of Miami's design, art, and lifestyle scene.

Location

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

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
$520,000
$219K – $1.7M
Confidence Low
List vs. estimate
$470K above estimate
List $990,000 · +90.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
121 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $842K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,707
2025
All facts and features

  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 01-31-24-013-4540

    • Zoning: 5700

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $6,707

  • Source details

    • MLS ID: A12077586

    Other facts

    • Lot Features: No Misc/Improvements

    • Direction Faces: North

    • Other Structures: None

    • Lot Size Dimensions: 50x144

    • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM,BUENA VISTA HIGTS

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
324
median $1.0M
Active
Same city
Miami
12,539
median $639K
Active
Same type
Lots/Land
341
median $699K
Active
Similar price
$693K – $1.3M
2,748
median $875K
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: The Keyes Company