Multifamily Development Site with Historic
For Sale
Contact for pricing
Pending
5811 N Miami Ave, Miami, FL 33127
Historic residence plus attached parcels offer multifamily development potential in a T5 zone near major Miami redevelopment.
Property SizeContact for details
Lot Size0.73 Acres
Days on Market148
Property Features for 5811 N Miami Ave
General Information
Standard status
Pending
Lot size
0.73 Acres
Property subtype
Mixed Use, Multifamily, Retail
Zoning
T5 Multifamily
Listing Agency:
ONE SOTHEBY'S INTERNATIONAL REALTY
Listed By:
Martin Elortegui · License #3166144
(305) 987-6807
Source:
Crexi
Added: Apr 13
Changed: Aug 26
Last Checked: Sep 7 at 11:48AM
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 ONE SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This for-sale development opportunity includes the Villa Paula Historic Residence and multiple attached land parcels, marketed as four folios included. The overall offering includes a historic property on a 13,000 SF lot, an attached land parcel of 6,000 SF, an adjacent house with a 7,000 SF lot, and additional land on 58 ST totaling 6,000 SF. The current configuration supports redevelopment with the stated opportunity to build up to 18 units or more using the adjacent lands.
The property is identified as being in a T5 multifamily zone. It is described as only a few blocks from the Design District and next to the new Magic City Development, within the broader area referenced as part of the Little Haiti developments.
The offering also notes the land on 58 ST across from Villa Paula, described as suitable for parking or additional residential units. For more information on the available parcels and development possibilities, contact the listing agent.
The property is identified as being in a T5 multifamily zone. It is described as only a few blocks from the Design District and next to the new Magic City Development, within the broader area referenced as part of the Little Haiti developments.
The offering also notes the land on 58 ST across from Villa Paula, described as suitable for parking or additional residential units. For more information on the available parcels and development possibilities, contact the listing agent.
Key Highlights
- Zoned T5 Multifamily with new development potential near major Miami redevelopment areas
- Villa Paula historic residence included, with a 13,000 SF lot
- Adjacent land parcels included: 6,000 SF, plus a neighboring 7,000 SF lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,308
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic residence plus attached parcels offer multifamily development potential in a T5 zone near major Miami redevelopment.
Where is this apartment building located?
The property is located at 5811 N Miami Ave Miami, FL.
What are key features of this property?
This property features: Zoned T5 Multifamily with new development potential near major Miami redevelopment areas; Villa Paula historic residence included, with a 13,000 SF lot; Adjacent land parcels included: 6,000 SF, plus a neighboring 7,000 SF lot
