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Vacant Land for Multifamily Development
For Sale
$550,000

5650 N Miami Ave, Miami, FL 33127

Vacant lot positioned near major Miami districts and highways, with zoning described as suitable for multifamily development.

Property SizeContact for details
Days on Market84

Property Features for 5650 N Miami Ave

General Information

Standard status Active
Property subtype Vacant Land

Additional Details

Highway Access Yes

Amenities

Lot Size Acres: 0.13, Lot Size Square Feet: 5670
Total Taxes: $6,233, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Trees: 1
Sale, Sale Type: Foreclosure
Subdivision Name: Miami Ave Sub
Listing Agency: Florida Realty of Miami Corp
Listed By: Sol Fonseca · License #3481673
Source: Doyle-realty
Added: May 22 Changed: Aug 8 Last Checked: Jul 19 at 3:11AM

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 Florida Realty of Miami Corp

Investment Insights

Based on property information with market context.

This offering is a vacant lot for sale in Miami. The property is presented as suitable for a multifamily development based on its zoning.

The location is described as convenient to the Design District, Wynwood, Midtown, and Downtown Miami, with access to major highways. The remarks also highlight proximity to the Magic City Innovation District in Little Haiti, described as a transformative mixed-use development expected to include new residential, retail, office, hospitality, and technology spaces.

Overall, the property is marketed as a land asset in an active redevelopment corridor, centered on the opportunity created by nearby large-scale growth and changing land use.

Key Highlights

  • Vacant lot in a fast‑growing area of Miami, positioned for investors and developers.
  • Zoning described as suitable for multifamily development.
  • Convenient to major Miami districts including the Design District, Wynwood, Midtown, and Downtown Miami.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,308
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot positioned near major Miami districts and highways, with zoning described as suitable for multifamily development.
Where is this residential land & home lot located?
The property is located at 5650 N Miami Ave Miami, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Vacant lot in a fast‑growing area of Miami, positioned for investors and developers.; Zoning described as suitable for multifamily development.; Convenient to major Miami districts including the Design District, Wynwood, Midtown, and Downtown Miami.
More about this property
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