MIAMI AVE SUB

5650 N Miami Ave, Miami FL 33127

For Sale · Active Listing

$550,000

Est. Payment $2,927/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

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

Sellers market

May 2026

100/100
Buyers marketSellers market

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).

5/22/2026Listed 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

5650 N Miami Ave, Miami FL 33127Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,536/mo

Principal & Interest

$2,927

Property Tax

$458

Insurance

$150

HOA

$0

20% ($110,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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.

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Updated within 24 hours

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