5921 Northwest 1St Ave Miami, FL 33127
Property Features for 5921 Northwest 1St Ave
General Information
- Size
- 5,500 SF
Source:
Remaxcommercial
Listing Agent: Agustin Duarte
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Miami Land Parcel for Development
The properties consist of four vacant lots located in the Little River subdivision of Miami, Florida. The lots have similar zoning, allowing for higher density on the T5 lots and lower density on the T3 lots. Combined, the lots total 27,080 square feet of land with the potential to build twenty-three units. The owners envision a loosely tied townhome enclave. All of the lots are centrally located within the North Miami Beach submarket, situated near the neighborhoods of Aventura and Sunny Isles to the North, and Downtown Miami and Miami Beach to the South. North Miami Beach continues to attract developer attention and constitutes 9% of Miami's under-construction units as of 2024, an increase from just over 4% before 2019. Sales volume accelerated in 2021 but has since slowed, with $110 million in volume in 2022 and $170 million in 2023, which remains elevated relative to pre-pandemic levels. One parcel has approximately 50 feet of frontage on NW 1st Avenue, running east to west, and is close to 111 feet deep.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.19414
- Latitude
- 25.830269
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Four combined lots totaling 27,080 SF in North Miami Beach.
Where is this land located?
The property is located at 5921 Northwest 1St Ave Miami, FL.
What is the asking price?
The asking price for this property is $378,787.
What are key features of this property?
This property features: - Combined lots total 27,080 sq ft with potential to build twenty-three units 'by right'.; - Located in the North Miami Beach submarket, attracting developer attention with 9% of Miami's under-construction units.; - Situated between affluent neighborhoods of Aventura and Sunny Isles to the North, and Downtown Miami and Miami Beach to the South.
