Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor ? one of Miamis most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand ? a combination thats increasingly difficult to find at this price point.Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.
Listed By
Agency Name: Biscayne Real Estate Group Inc
Agency Phone: 305-401-5747
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimated Payment
$ 4,958.08 per month $3,336.12 Principal & Interest $1,184.75 Property Tax $437.21 Homeowner's Insurance
7715 NE 5th Ave | MLS# A11959487
This multi-family property located at 7715 NE 5th Ave, Miami, FL 33138 is currently listed for sale with an asking price of $1,499,000. Search Miami real estate on www.nyesellshomes.com today.