Price Reduced 48.35%
Price History
$1,161,600
4/4/2024
$666,666
11/20/2024
$600,000
2/10/2026
5527 NW Miami Ct, Miami, FL, 33127
The properties consist of three vacant lots "Little River" subdivision of Miami FL. The lots have similar zoning allowing for more density on the T4 lots and less on the T3. Combined, the lots total 21,580 ft of land with the potential "by right" to build twenty-three units. The owners' vision is that of a loosely tied "Townhome Enclave". All the parcels are positioned centrally within the Little River vicinity, nestled just northwest of the prosperous Edgewater and NIMO neighborhoods. To the south lie Downtown Miami and Miami Beach, while to the north, North Miami Beach remains a focal point for developers. As of 2024, it comprises 9% of Miami's units under construction, marking a significant surge from slightly over 4% prior to 2019. Sales volume accelerated in 2021 but has since slowed, with $110 million in volume in 2022 and 2023 volume totaling $170 million, still, this remains elevated relative to pre-pandemic levels.
Status:
Active
Type:
Lot / Acreage
Zoning:
3900
Acreage:
0.2
Est. Taxes:
$10,642
Utilities
Sewer Available
Lot Description:
<1 Acre
Days on Market:
677
MLS #:
A11560928
Community Info
School Info
Walk Score
Yelp
Listing courtesy of RE/MAX 360 Real Estate 305-602-0360