Unimproved Land in 1568 SW 5th Street, Miami, FL 33135 for sale with MLS# A12022548

Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana's booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami's most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors - making this an ideal development opportunity for building and selling or longterm hold strategy.

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1568 SW 5th Street, Miami, FL 33135

Price
Price:
$550,000.00
Original List Price:
$550,000.00
List Price per Sq Ft (Calculated, Approx.):
$110.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
May 20, 2026 4:00 am
Measures
Lot Area:
5,000 Sqft
Lot Size Dimensions and Info:
5000
Lot Size Acres:
0.11
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Other, Residential
Fence:
Fenced
Property Entrance Faces:
North
Construction
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$8,103.00
Tax Year:
2025
Community
Subdivision Name:
LAWRENCE ESTATES LAND COS
Senior Community:
No
Development Status:
Other
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
LAWRENCE ESTATES LAND COS SUB PB 2-46 N100FT OF LOT 9 BLK 95 LOT SIZE 5000 SQUARE FEET COURT ORDER 97-1442CP01 0797 3 OR 18708-0241 0799 1
Real Estate Folio Number (Parcel Number):
0141020064890
Zoning:
3901
Public Schools Assigned
Elementary School:
Polk Avenue Elem
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
May 20, 2026
Listing Agreement executed on:
May 20, 2026
Listing Status Last Changed On:
May 20, 2026 4:00 am
Photos updated on:
May 21, 2026 12:02 am
Last Modified:
July 22, 2026 7:43 pm
Additional Information
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
1568
City:
Miami
State:
Florida
Zip Code:
33135
County:
Miami-Dade
Latitude:
N25° 46' 5.7''
Longitude:
W81° 46' 44.7''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

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

Median Household Income $37,757
Median Home Value $396,700
Median Rent $1,315/mo
Median Age 44
Population 35,053

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 40 Good
🫁 PM2.5 55 Moderate
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Association of REALTORS®
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