Duplex in 7715 NE 5th Ave Miami for sale with MLS# A11959487

Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor - one of Miami's most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand - a combination that's increasingly difficult to find at this price point. Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.

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Days on the market

7715 NE 5th Ave, Miami, FL 33138

Price
Price:
$1,499,000.00
Original List Price:
$1,499,000.00
Lease Details
Rent Includes:
Trash Collection
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
No Contingencies
Special Sale Conditions:
Listed As Is
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
MLS Number:
A11959487
Description of Last Important Update:
Pending (An offer has been accepted)
Last Major Update on:
March 31, 2026 10:19 am
Measures
Living Area:
2,346 Sqft
Built-Up Area:
2,346 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
Yes
Waterfront Features:
Ocean Access, Canal Front, Fixed Bridge
Frontage Length:
50
Air Conditioning System:
Other
Heating System:
Other
Water Access Description:
Other, Private Dock
Construction
Year Built:
1937
Year Built Details:
Effective Year Built
Roof:
Other
Levels:
One
Construction Materials:
Block
Flooring:
Tile
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$14,217.00
Tax Year:
2024
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Parking Total Spaces:
3
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Community
Subdivision Name:
FEDERAL WAY AMD
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow, Closing And Funding
Zoning and Legal
Tax Legal Description:
FEDERAL WAY AMD PB 25-6 LOT 12 BLK 5 LOT SIZE 50.000 X 181 OR 15190-195 0891 1
Real Estate Folio Number (Parcel Number):
01-32-07-040-0290
Zoning Description:
0104
Listing History
Originally published on:
February 6, 2026 4:54 pm
Active on the market since:
February 3, 2026
Price change occurred on:
February 4, 2026 7:50 pm
Listing Status Last Changed On:
March 31, 2026 10:19 am
Photos updated on:
February 10, 2026 4:49 pm
Last Modified:
April 14, 2026 11:02 am
Additional Information
Flood Zone:
AE
Type of Association:
None
Style:
Duplex
Municipal Code:
2
Subdivision Number:
40
Courtesy of:
Biscayne Real Estate Group Inc
Attribution:
Not provided
Location
Street Name:
5th Ave
Street Number:
7715
City:
Miami
State:
Florida
Zip Code:
33138
County:
Miami-Dade
Latitude:
N25° 50' 45.7''
Longitude:
W81° 48' 49.8''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $71,518
Median Home Value $686,300
Median Rent $1,647/mo
Median Age 40
Population 28,871

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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