1520 NW 1st Ct Miami, FL 33136
Overtown NeighborhoodEstimated payment $3,791/month
About This Lot
520 NW 1st Ct presents a compelling development opportunity in Miami’s urban core. This vacant land site is positioned in a rapidly evolving area near Downtown Miami, Overtown, Wynwood, the Health District, and major transportation corridors, making it attractive for builders, investors, and developers seeking infill potential. The property offers strong proximity to employment centers, transit, retail, dining, and cultural destinations, supporting long-term demand and future growth. Ideal for those looking to capitalize on Miami’s continued expansion and redevelopment momentum. Buyers should conduct their own due diligence regarding zoning, land use, density, setbacks, parking, utilities, and overall development feasibility. Excellent opportunity to secure a well-located parcel in a high-demand market with upside potential for residential or mixed-use consideration, subject to municipal approval. Centrally located with convenient access to I-95, SR 836, Miami International Airport, Downtown, Brickell, and the Civic Center area. Whether for immediate planning or long-term hold, this site offers strategic positioning in one of Miami’s most active growth corridors.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,900
Lot Details
- 8,800 Sq Ft Lot
- Northwest Facing Home
- Property is zoned 5700
Community Details
- No Home Owners Association
- Waddells Condos
- Waddells Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-048-1440
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,788 | $82,819 | -- | -- |
| 2024 | $4,781 | $75,290 | -- | -- |
| 2023 | $4,781 | $68,446 | $0 | $0 |
| 2022 | $4,064 | $62,224 | $0 | $0 |
| 2021 | $3,333 | $56,568 | $0 | $0 |
| 2020 | $3,433 | $379,379 | $379,379 | $0 |
| 2019 | $2,834 | $303,653 | $303,653 | $0 |
| 2018 | $3,269 | $395,873 | $395,873 | $0 |
| 2017 | $2,116 | $38,638 | $0 | $0 |
| 2016 | $1,860 | $35,126 | $0 | $0 |
| 2015 | $1,237 | $31,933 | $0 | $0 |
| 2014 | $714 | $29,030 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $650,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $82,550 | -- | |
| Quit Claim Deed | $26,000 | -- | |
| Quit Claim Deed | $500 | -- | |
| Quit Claim Deed | $13,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $18,500 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11976342
APN: 01-3125-048-1440
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