$880,000

Estimated payment $5,196/month

Total Views 664
0.14 Acres
$6,285,714 Price per Acre
6,750 Sq Ft Lot

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

Benjamin Kunzle

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

Property Details

Property Type

Land

Est. Annual Taxes

$6,761

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.14
  • Lot Size: 67x100
  • New Construction: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: COMMERCIAL CENTER
  • CurrentPrice: 880000
  • InternetRemarks: $88K/unit | $46/SF buildable | Fully approved 10-unit site. Shovel-ready—build immediately. Prime Biscayne Corridor. Seller financing possible.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Central Urban, Urban Commercial

Exterior Features

  • Lot Features: Corner Lot, Less Than 1 Acre, Cleared Land
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COMMERCIAL CENTER

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Water Connected, Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-13-032-0130
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 6750
  • Zoning: 6101

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6761

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $6,761 $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
Source: Public Records

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
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $130,000 Franklin Title Group Llc
Quit Claim Deed -- --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11991524

MIAMI REALTORS® MLS

APN: 01-3113-032-0130

Your Personal Tour Guide

Ask me questions while you tour the home.