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$ 600,000
Est. payment /mo
Price Dropped by $66K
5527 NW Miami Ct Miami, FL 33127
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11560928
HOA Y/N No
Annual Tax Amount $10,642
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 80x118
Property Description
The properties consist of three vacant lots "Little River" subdivision of Miami FL. The lots have similar zoning allowing for more density on the T4 lots and less on the T3. Combined, the lots total 21,580 ft of land with the potential "by right" to build twenty-three units. The owners' vision is that of a loosely tied "Townhome Enclave". All the parcels are positioned centrally within the Little River vicinity, nestled just northwest of the prosperous Edgewater and NIMO neighborhoods. To the south lie Downtown Miami and Miami Beach, while to the north, North Miami Beach remains a focal point for developers. As of 2024, it comprises 9% of Miami's units under construction, marking a significant surge from slightly over 4% prior to 2019. Sales volume accelerated in 2021 but has since slowed, with $110 million in volume in 2022 and 2023 volume totaling $170 million, still, this remains elevated relative to pre-pandemic levels.
Location
State FL
County Miami-dade
Area 31
Exterior
Utilities Available Sewer Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 01-31-13-000-0370
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11560928
Listed by RE/MAX 360 Real Estate
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