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Vacant Land with Multi-Unit Potential
For Sale
$549,000

285 Northeast 55th Street, Miami, FL 33137

Vacant land site with preliminary plans for up to five 2-story units and rooftop entertainment areas.

Property Size3,400 SF
Lot Size0.10 Acres
Price / SF$161.47
Days on Market159

Property Features for 285 Northeast 55th Street

General Information

Standard status Active
Size 3,400 SF
Lot size 0.10 Acres
Property subtype Land & Docks / Unimproved Land

Taxes and HOA fees

Annual Taxes $3,915

Amenities

No
Paved
Listing Agency: Douglas Elliman
Listed By: Brian T Carter · License #3022095
Source: Compass
Added: Mar 3 Changed: Aug 8 Last Checked: Aug 8 at 8:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman

Investment Insights

Based on property information with market context.

This vacant land site is offered for developers and builders seeking a boutique multi-unit development in Miami. The preliminary drawings and sketches contemplate up to five 2-story units within a larger 6-story building framework, including dedicated rooftop entertainment areas. Development is described as buildable over 14,000 SF on an approximately 4,300 SF lot, with preliminary concepts referencing 9-foot ceilings for the planned units. Preliminary building sketches are available upon email request.

The property is located at 285 Northeast 55th Street, Miami, FL 33137, with the development noted as down the street from Church Hill’s area between Buena Vista, Design District, Wynwood, Magic City, Little River, and Miami’s Upper East Side.

Key Highlights

  • Vacant land in Miami, FL with allowance to develop up to 5 units
  • Preliminary drawings/sketches for up to five 2‑story units with rooftop entertainment areas
  • Potential to build over 14,000 SF on a 4,300 SF lot

Property Analytics

Current Use

Burgess Heavy Duty ... Auto Repair Shop

Suggested Use

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

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

2,219
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant land site with preliminary plans for up to five 2-story units and rooftop entertainment areas.
Where is this residential land & home lot located?
The property is located at 285 Northeast 55th Street Miami, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Vacant land in Miami, FL with allowance to develop up to 5 units; Preliminary drawings/sketches for up to five 2‑story units with rooftop entertainment areas; Potential to build over 14,000 SF on a 4,300 SF lot
More about this property
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