$790,000
$90K PRICE DROP

Estimated payment $4,723/month

Total Views 666
0.14 Acres
$5,642,857 Price per Acre
6,750 Sq Ft Lot

Highlights

  • Corner Lot
  • No HOA
  • 4-minute walk to Lemon City Park

About This Lot

T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroads 6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more. Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units. Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11,500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.

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: 790000
  • InternetRemarks: 6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23+ units.
  • 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

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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 $6,761 $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
05/01/2026 05/01/26 Price Changed $790,000 -10.2% --
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

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