COMMERCIAL CENTER

5434 NE Miami Ct, Miami FL 33137

For Sale · Active Listing

$650,000

26.14%

Est. Payment $3,460/mo

MLS Sheet Video

Days on Market

Description

T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroads PRICED TO MOVE! 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.

Facts

MLS#: A11991524
Subdivision: COMMERCIAL CENTER
Property Type: Commercial Land
Property Sub Type: —
Year Built: —
Lot Size: 6,098 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 91 days
Listed: Mar 23, 2026
Last Updated: Jun 22, 2026
Price/Lot Sq.Ft.: $107/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

$649,000

— bd · 1 ba · 1,176 sqft

3250 NE 1st Ave # 311, Miami FL 33137

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— bd · 0 ba · 1,460 sqft

45 NE 60 Street, Miami FL 33137

$708,000

— bd · 1 ba · 569 sqft

90 NE 32nd st # 724, Miami FL 33137

SOLD

$750,000

— bd · 0 ba · 1,978 sqft

35 NE 53rd Street, Miami FL 33137

$645,000

1 bd · 1 ba · 850 sqft

725 NE 22nd St # 11E, Miami FL 33137

SOLD

$539,000

— bd · 0 ba · 1,844 sqft

370 NE 55 Street, Miami FL 33137

$564,888

— bd · 1 ba · 462 sqft

90 NE 32 # 1013, Miami FL 33137

$675,000

1 bd · 2 ba · 706 sqft

650 NE 32nd St # 2108, Miami FL 33137

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).

6/19/2026	Price change	$650,000-26.1%
3/23/2026	Listed for sale	$880,000

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

Location

5434 NE Miami Ct, Miami FL 33137Directions

GreatSchools Summary Ratings

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

H. L. Johnson Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
Royal Palm Beach High School
9,10,11,12 · public · 1.1 mi
Royal Palm Beach High Adult
UG · public · 1.1 mi
Royal Palm Beach Elementary School
KG,1,2,3,4,5 · public · 1.6 mi
Crestwood Community Middle School
6,7,8 · public · 1.7 mi
The Kings Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.8 mi
The King's Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.8 mi
Cypress Trails Elementary School
PK,KG,1,2,3,4,5 · public · 1.9 mi
Kids Club
PK,KG,1,2,3,4,5 · private · 2.4 mi
Ideal School
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 2.5 mi

Estimated Monthly Payment

$4,151/mo

Principal & Interest

$3,460

Property Tax

$542

Insurance

$150

HOA

Down Payment20% ($130,000)

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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