MIAMI AVE SUB
5650 N Miami Ave, Miami FL 33127
$550,000
Est. Payment $2,927/mo
0
Days on Market
Description
Exceptional opportunity to acquire a vacant lot located in one of Miami’s fastest growing and most promising areas. This property offers outstanding potential for investors, developers, or buyers looking to secure land in a high-demand location with strong future appreciation. Conveniently located near the Design District, Wynwood, Midtown, Downtown Miami, and major highways, the property sits in a strategic area experiencing significant growth and redevelopment. A major investment highlight is its proximity to the highly anticipated Magic City Innovation District in Little Haiti, a transformative mixed-use development expected to bring new residential, retail, office, hospitality, and technology spaces to the area. This project is helping drive economic growth, increased demand, and rising property values throughout the neighborhood, making this location especially attractive for future investment opportunities. The property’s zoning is ideal for a multifamily development, creating an excellent opportunity for investors seeking to maximize future value in one of Miami’s evolving investment corridors.
Facts
- MLS#
- A12023978
- Subdivision
- MIAMI AVE SUB
- Property Type
- Land/Boat Docks
- Property Sub Type
- —
- Year Built
- —
- Lot Size
- 5,663 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- May 22, 2026
- Last Updated
- May 23, 2026
- Price/Lot Sq.Ft.
- $97/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
May 2026
67
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).
| 5/22/2026 | Listed for sale | $550,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
The Quest CenterPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.3 mi
Driftwood Middle School6,7,8 · public · 0.5 mi
Driftwood Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.5 mi
Grace Christian AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Sheridan Park Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.7 mi
PK-12 Virtual Academy Inc.3,5,8,9 · private · 0.7 mi
Hollywood Christian SchoolPK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Lycee France-AmericanPK,KG,1,2,3,4,5 · private · 1.0 mi
International School Of Broward6,7,8,9,10,11,12 · charter · 1.1 mi
St Anthonys School of Higher Education1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
Estimated Monthly Payment
$3,536/mo
Principal & Interest
$2,927
Property Tax
$458
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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