1568 SW 5th Street, Miami, FL 33135

$550,000

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List Price
$550,000
Status
ACTIVE
Days on Market
84
MLS#
A12022548
Subtype
Land
Lot Size
5,000
Acres
0.11
Subdivision
Lawrence Estates Land Cos
MLS Area Major
2410

Property Description

Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.

Additional Information

Taxes
$8,103
Elementary School
Riverside (Miami-Dade)
Middle School
Jose De Diego
High School
Booker T. Washington

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

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Agent: Miguel A Fuentes | Email: miguel.fuentes002@gmail.com