Property 5434 NE Miami Ct Miami for sale with MLS# A11991524
$88K/unit | $46/SF Buildable | Fully Approved - Start Building Tomorrow" Price Reduced | Shovel-Ready 10-Unit Development Site | $880,000 Vacant development site with fully approved plans and permits for a 10-unit multifamily project, ideally located on NE Miami Ct within the Biscayne Corridor. Recently reduced from $970,000 to $880,000, the offering presents a compelling ~$88,000 per unit and ~$46/SF buildable (19,100 buildable SF)-providing an attractive basis relative to comparable approved sites. All approvals are in place, allowing a buyer to begin construction immediately, eliminating entitlement risk, avoiding costly delays, and accelerating time to market. Ownership is open to serious offers and will consider seller financing, creating additional flexibility for investors looking to optimize leverage and returns. Located just minutes from the Miami Design District, Wynwood, and the transformative Magic City Innovation District, the property benefits from strong rental demand, ongoing development activity, and long-term appreciation upside. This is a true plug-and-play development opportunity for developers and investors seeking to deploy capital efficiently in one of Miami's most active growth corridors.
5434 NE Miami Ct, Miami, FL 33137
- Price:
- $880,000.00
- Original List Price:
- $880,000.00
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- MLS Number:
- A11991524
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 30, 2026 6:09 pm
- Lot Area:
- 6,750 Sqft
- Lot Size Dimensions and Info:
- 67x100
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than One Acre
- Lot Size Acres:
- 0.14
- Waterfront:
- No
- Road Responsibility:
- Public Maintained Road
- Tax Annual Amount:
- $6,761.00
- Tax Year:
- 2024
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- COMMERCIAL CENTER
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- COMMERCIAL CENTER PB 16-50 POR OF LOTS 1 & 2 - BEG NE COR LOT 1 S50FT W52.50FT NWLY20.86FT NELY ALG CC 43.78FT E31.26FT TO POB & ALL LOTS 19
- Real Estate Folio Number (Parcel Number):
- 01-31-13-032-0130
- Zoning Description:
- 6101
- Originally published on:
- March 30, 2026 6:09 pm
- Active on the market since:
- March 23, 2026
- Price change occurred on:
- March 30, 2026 11:41 am
- Listing Status Last Changed On:
- March 30, 2026 6:09 pm
- Photos updated on:
- March 30, 2026 10:27 pm
- Last Modified:
- March 31, 2026 3:01 am
- Flood Zone:
- X
- Municipal Code:
- 1
- Subdivision Number:
- 32
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Miami Ct
- Street Number:
- 5434
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33137
- County:
- Miami-Dade
- Latitude:
- N25° 49' 33.8''
- Longitude:
- W81° 48' 15.3''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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