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    5830 NE 2Nd Ave Miami, FL 33137

    For Sale
    $2,990,000

    Four-parcel assemblage in Little Haiti, prime redevelopment location.

    Lot size:
    0.57 Acres

    Property Features for 5830 NE 2Nd Ave

    General Information

    Lot size
    0.57 Acres

    Source: Coldwell Banker Realty Agent Peangchai Magner Koch P.A

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Little Haiti T5 Zoned Assemblage

    This offering presents a unique opportunity to acquire a four-parcel assemblage of T5 zoned lots located in the heart of Little Haiti. The assemblage comprises 24,885 square feet of land in a prime location on NE 2nd Avenue. This mixed-use redevelopment opportunity is situated just a few blocks from the Magic City Innovation District, Design District, Buena Vista, Wynwood, and the Upper East Side. The four folios are contiguous lots, encompassing the entire north half of the block from NE 2nd Avenue to NE 1st Court. The sale includes: 5830 NE 2nd Ave [T5-0], 154 NE 58 Terrace [T5-R], 166 NE 58 [T5-R], and 176 NE 58 Ter. [T5-R]. The offering is a land sale. Currently, there is an automotive business on one lot and multifamily buildings on the other three lots with unverified income. This rare portfolio is located in the 33137 zip code.
    Insight Report Location Intelligence

    Current Use by Public Records

    Toolsucanuse Tool Rental Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.192581
    Latitude
    25.829389

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    FAQs

    What type of property is this?
    Land - Four-parcel assemblage in Little Haiti, prime redevelopment location.
    Where is this land located?
    The property is located at 5830 NE 2Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: - Rare 4-parcel assemblage totaling 24,885 SF of T5-zoned land.; - Prime location in Little Haiti on NE 2nd Ave.; - Mixed-use redevelopment opportunity.
    (305) 984-6966
    Request Owner's contact information
    5830 NE 2Nd Ave Miami, FL 33137
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    Miami, FL 33137
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5830 NE 2Nd Ave Miami, FL 33137
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