5434 NE Miami Ct Miami, FL 33137
Little Haiti NeighborhoodEstimated payment $5,196/month
Highlights
- Corner Lot
- No HOA
- 4-minute walk to Lemon City Park
About This Lot
$88K/unit | $46/SF Buildable | Fully Approved – Start Building Tomorrow” Price Reduced | Shovel-Ready 10-Unit Development Site | $880,000 Vacant development site with fully approved plans and permits for a 10-unit multifamily project, ideally located on NE Miami Ct within the Biscayne Corridor. Recently reduced from $970,000 to $880,000, the offering presents a compelling ~$88,000 per unit and ~$46/SF buildable (19,100 buildable SF)—providing an attractive basis relative to comparable approved sites. All approvals are in place, allowing a buyer to begin construction immediately, eliminating entitlement risk, avoiding costly delays, and accelerating time to market. Ownership is open to serious offers and will consider seller financing, creating additional flexibility for investors looking to optimize leverage and returns. Located just minutes from the Miami Design District, Wynwood, and the transformative Magic City Innovation District, the property benefits from strong rental demand, ongoing development activity, and long-term appreciation upside. This is a true plug-and-play development opportunity for developers and investors seeking to deploy capital efficiently in one of Miami’s most active growth corridors.
Listing Agent
Fausto Commercial Realty Consultants Inc License #3634365 Listed on: 03/23/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,761
Lot Details
- 6,750 Sq Ft Lot
- Lot Dimensions are 67x100
- Corner Lot
- Cleared Lot
- Property is zoned 6101
Community Details
- No Home Owners Association
- Commercial Center Condos
- Commercial Center Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-13-032-0130
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 | $6,761 | $371,250 | $371,250 | -- |
| 2024 | $6,938 | $337,500 | $337,500 | -- |
| 2023 | $6,938 | $337,500 | $337,500 | $0 |
| 2022 | $6,958 | $337,500 | $337,500 | $0 |
| 2021 | $5,064 | $222,750 | $0 | $0 |
| 2020 | $4,313 | $202,500 | $202,500 | $0 |
| 2019 | $4,566 | $270,000 | $270,000 | $0 |
| 2018 | $3,535 | $168,750 | $168,750 | $0 |
| 2017 | $2,129 | $66,825 | $0 | $0 |
| 2016 | $1,326 | $60,750 | $0 | $0 |
| 2015 | $530 | $15,158 | $0 | $0 |
| 2014 | $365 | $13,780 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $880,000 | +110.5% | -- | |
| 11/12/2021 11/12/21 | Sold | $418,000 | -6.9% | $62 / Sq Ft | View Prior Sale |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- | |
| 01/11/2021 01/11/21 | For Sale | $449,000 | -- | $67 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $130,000 | Franklin Title Group Llc | |
| Quit Claim Deed | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11991524
APN: 01-3113-032-0130
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Ask me questions while you tour the home.