BISCAYNE HEIGHTS

660 NE 86th St, Miami FL 33138

For Sale · Active Listing

$875,000

12.06%

Est. Payment $4,657/mo

MLS Sheet Video

Days on Market

Description

Prime development opportunity in the heart of Miami’s rapidly growing Upper East Side corridor. This ±10,980 sq ft interior lot is zoned TR-5, allowing for multifamily or mixed-use development, making it ideal for developers and investors seeking strong upside potential. Located in a highly desirable area surrounded by new construction, redevelopment projects, retail, and major thoroughfares. Convenient access to Biscayne Blvd, Midtown Miami, Design District, Wynwood, and Miami Beach enhances long-term investment value and rental demand. The generous lot size and favorable zoning provide flexibility for multifamily units, townhomes, or mixed-use concepts (buyer to verify with city). Rare opportunity to secure land in an area experiencing continued revitalization and appreciation.

Facts

MLS#: A11988960
Subdivision: BISCAYNE HEIGHTS
Property Type: Commercial Land
Property Sub Type: —
Year Built: —
Lot Size: 10,890 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 74 days
Listed: Mar 24, 2026
Last Updated: May 10, 2026
Price/Lot Sq.Ft.: $80/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/10/2026	Price change	$875,000-12.1%
3/24/2026	Listed for sale	$995,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

660 NE 86th St, Miami FL 33138Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Palmetto Middle School
6,7,8 · public · 0.5 mi
Palmetto Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Miami Palmetto Senior High School
9,10,11,12 · public · 0.9 mi
Bet Shira Early Childhood Center
PK,KG · private · 0.9 mi
Miami Palmetto Senior High Adult
UG · public · 0.9 mi
True North Classical Academy East
KG,1,2,3,4,5,6,7,8 · charter · 0.9 mi
Howard Drive Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Montessori School Of Alexander
PK,KG,1,2,3,4,5 · private · 1.0 mi
Alexander Mont School
PK,KG,1,2,3,4,5,6 · private · 1.0 mi
American Academy of Pinecrest
12 · private · 1.2 mi

Estimated Monthly Payment

$5,536/mo

Principal & Interest

$4,657

Property Tax

$729

Insurance

$150

HOA

Down Payment20% ($175,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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