Price Reduced 10.23%
Price History
$880,000
3/23/2026
$790,000
5/1/2026
5434 NE Miami Ct, Miami, FL, 33137
T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroads 6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more. Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units. Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11,500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.
Status:
Active
Type:
Lot / Acreage
Zoning:
6101
Subdivision:
COMMERCIAL CENTER
Acreage:
0.14
Est. Taxes:
$6,761
Utilities
Electricity Available,Water Available
Lot Description:
<1 Acre
Days on Market:
43
MLS #:
A11991524
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373