Miami Land Parcel for
5527 Northwest 1st Avenue, Miami, FL 33127
For Sale
$600,000
Four combined lots totaling 27,080 SF in North Miami Beach.
Property Size5,500 SF
Price / SF$109.09
Days on Market412
Property Features for 5527 Northwest 1st Avenue
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Listing Agency:
RE/MAX
Listed By:
Agustin Duarte · License FL A11825546
(305) 450-5992
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Nov 9
Last Checked: Nov 10 at 5:02AM
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 RE/MAX
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,569
Businesses Nearby
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Business Placement
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
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Market
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Frequently Asked Questions
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 5527 Northwest 1st Avenue Miami, FL.
What is the asking price?
The asking price for this property is $600,000.
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.
