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5434 NE Miami Ct
Miami, FL 33137
T5-O Development Site · Land For Sale · 0.17 AC

INVESTMENT HIGHLIGHTS

  • Development Opportunity
  • Heavy Traffic Intersection
  • Opportunity Zone
  • T5-O zoning provides flexible development opportunities

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units
  • Auto Repair
  • Community Center
  • Contractor Storage Yard
  • Convenience Store
  • Drugstore
  • Fast Food
  • Hold For Development
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 0.17 AC

DESCRIPTION

5434 NE Miami Court is a 6,750 square foot vacant lot directly fronting North Miami Avenue and NE 55th Street in the heart of the rapidly changing Little Haiti neighborhood. The property is located in an Opportunity Zone, providing a buyer with significant tax benefits, and features T5-O zoning, allowing for a variety of uses on the property including multifamily (up to 20 units), office, retail, restaurant, religious facility, general commercial, and more. The property sits only a few blocks away from multiple large scaled planned developments, including the recently approved Magic City Innovation District, Avenues Global School (recently purchased for $60 million), Eastside Ridge Development, and Empathic Care Health Village; collectively covering more than 75 acres of new construction retail, hospitality, office, healthcare and residential! While the surrounding neighborhood goes through a transformation that will stimulate significant economic growth, value, and opportunity, don’t miss this limited chance to own a piece of one of the most up-and-coming neighborhoods in South Florida.

PROPERTY TAXES

ZONING

Zoning Code T5-O (Miltifamily -Zoned)
  • Listing ID: 18089965

  • Date on Market: 1/6/2020

  • Last Updated:

  • Address: 5434 NE Miami Ct, Miami, FL 33137