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Commercial Land with Redevelopment Potential
For Sale
$825,000

279 NW 54th St, Miami, FL 33127

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market52

Property Features for 279 NW 54th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6101
Subdivision 31
Standard status Active
APN 01-31-13-048-0730
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description RAILROAD SHOPS INTER SCH TR PB 3-192 LOT 15 LESS S10FT ST BLK 4 LOT SIZE 50.000 X 133 OR 12109-1153 0384 1
Legal Description RAILROAD SHOPS INTER SCH TR PB 3-192 LOT 15 LESS S10FT ST BLK 4 LOT SIZE 50.000 X 133 OR 12109-1153 0384 1

Building Details

Year built 1939
Architectural style Other
Listing Agency: Graber Realty Group LLC
Listed By: Shane Graber · License #3347659
Added: Sep 10 Changed: Oct 10 Last Checked: Oct 31 at 4:06AM
MLS# A12085823

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 6,650-square-foot commercial land parcel includes a vacant, uninhabitable duplex built in 1939. The existing structure is non-income-producing, with abundant parking and an offsite parking tenant currently using the parking area. The site offers 50 feet of frontage along NW 54th Street and is positioned for redevelopment or interim holding use.

T5-O Miami 21 zoning provides potential for multifamily, commercial, lodging, and mixed-use development. The seller indicates that the city will allow 9 units, with a five-story configuration featuring ground-floor under-parking. The property records 17,200 Average Daily Traffic and offers access to I-95 and Biscayne Blvd. Nearby context includes the Magic City Innovation District, Design District, Allapattah, Wynwood, Midtown, MiMo, and the Beaches.

Key Highlights

  • 6,650 SF commercial land site
  • 50 feet of frontage on NW 54th Street
  • T5‑O Miami 21 zoning allows multifamily, commercial, lodging, and mixed‑use development

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Dental Office Butcher Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,092
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - T5-O Miami 21 zoning supports multifamily, commercial, lodging, and mixed-use development possibilities.
Where is this commercial land located?
The property is located at 279 NW 54th St Miami, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 6,650 SF commercial land site; 50 feet of frontage on NW 54th Street; T5‑O Miami 21 zoning allows multifamily, commercial, lodging, and mixed‑use development
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