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T5-O Mixed-Use Commercial Land
For Sale
Contact for pricing
Pending

331 NE 54th St, Miami, FL 33137

T5-O zoning supports a higher-density mixed-use format with retail, office, and apartment components.

Property SizeContact for details
Days on Market144

Property Features for 331 NE 54th St

General Information

Standard status Pending
Property subtype Land
Listing Agency: Corcoran
Listed By: Rafael Lopez · License #BK3032917
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 7:53PM

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 Corcoran

Investment Insights

Based on property information with market context.

This offering combines two adjoining lots at 331 NE 54th St. One parcel is vacant, while the other contains a fourplex constructed in 1949. The existing improvement totals 1,117 building SF and is occupied by four month-to-month tenants.

The property has approximately 100 feet of frontage along NE 54th Street, where daily traffic exceeds 30,000 vehicles. T5-O zoning accommodates a higher-density mixed-use building format with retail, office, and apartment uses. Applicable standards include 80% lot coverage, a 10% green space requirement, a maximum height of five stories, and a minimum height of two stories. Maximum allowable density is 12 units.

The site is near the Magic City and Eastside Ridge projects. Eastside Ridge is located across the street and is planned for 2,800 residential units, 418 hotel rooms, office space, residential uses, and retail space.

Key Highlights

  • Two adjacent lots with one vacant parcel and one improved with a fourplex
  • T5‑O zoning allows higher‑density mixed‑use development with retail, office, and apartments
  • Existing fourplex contains 4 units, 1,117 building SF, and was built in 1949

Property Analytics

Current Use

Mary Jane's Bakery ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Pet Grooming Service Locksmith

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - T5-O zoning supports a higher-density mixed-use format with retail, office, and apartment components.
Where is this commercial land located?
The property is located at 331 NE 54th St Miami, FL.
What are key features of this property?
This property features: Two adjacent lots with one vacant parcel and one improved with a fourplex; T5‑O zoning allows higher‑density mixed‑use development with retail, office, and apartments; Existing fourplex contains 4 units, 1,117 building SF, and was built in 1949
More about this property
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