$810,000
$35K PRICE DROP

Estimated payment $4,768/month

Total Views 1,824
0.15 Acre
$5,400,000 Price per Acre
6,720 Sq Ft Lot

About This Lot

Available is this prime flexible development site in the heart of Allapattah: A 6,700 sq ft T5-O-zoned lot ready for a 10-unit boutique multifamily or mixed-use project with ground-floor retail with no special approvals needed. Located steps from the Health District and within walking distance of Spacio 23, the new Museum of Sex, galleries, restaurants, and creative hubs fueling Allapattah’s rapid transformation. Under Florida’s Live Local Act, qualifying affordable-housing projects receive administrative approval, maximum density/height by right, and generous ad-valorem tax exemptions and building material sales tax refunds. T5-O zoning also allows lodging/short-term rental uses by right, with standard state and Miami-Dade licensing, registration, and Certificate of Use requirements.

Listing Agent

Miguel Fuentes

Fausto Commercial Realty Consultants Inc License #3403804 Listed on: 08/22/2025

Co-Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,731

Lot Details

  • 6,720 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Property is zoned 6101

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Caples Amd Pl Condos
  • Caples Amd Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-27-031-0060

Property Details

Property Type

Land

Est. Annual Taxes

$6,731

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • Lot Size Acres: 0.15
  • Lot Size: 50x135
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: CAPLES AMD PL
  • CurrentPrice: 810000
  • InternetRemarks: Contact Listing agent
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Central Urban

Exterior Features

  • Lot Features: Central Business District, City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CAPLES AMD PL

Utilities

  • Sewer: None
  • Water Source: Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-27-031-0060
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 6720
  • Zoning: 6101

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6731

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,731 $336,000 $336,000 --
2024 $8,288 $336,000 $336,000 --
2023 $8,288 $340,000 $340,000 $0
2022 $3,165 $130,951 $0 $0
2021 $3,108 $119,047 $0 $0
2020 $2,731 $168,000 $168,000 $0
2019 $2,262 $120,960 $120,960 $0
2018 $2,086 $120,960 $120,960 $0
2017 $2,000 $81,312 $0 $0
2016 $1,761 $73,920 $0 $0
2015 $1,494 $67,200 $0 $0
2014 $1,524 $67,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Price Changed $810,000 -4.1% --
08/22/2025 08/22/25 For Sale $845,000 +111.3% --
08/07/2023 08/07/23 Sold $400,000 -19.2% -- View Prior Sale
07/12/2023 07/12/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $495,000 0.0% --
05/04/2023 05/04/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $495,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Star Title Solutions
Quit Claim Deed -- --
Warranty Deed $250,000 Title Now
Warranty Deed $250,000 Title Now
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11869040

MIAMI REALTORS® MLS

APN: 01-3127-031-0060