5811 N Miami Ave Miami, FL 33127

Listing agency ONE SOTHEBY'S INTERNATIONAL REALTY m***@gmail.com Show Phone

Listed by Martin Elortegui · License #3166144

Source Crexi

Added: Apr 13 Updated: Jul 22 at 11:46PM Checked: Jul 22 at 11:46PM

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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.

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

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FAQs

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