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Zoned TR-5 Development Lot
For Sale
$875,000

660 NE 86th Street, Miami, FL 33138

Interior lot zoned TR-5, offering flexibility for multifamily or mixed-use concepts pending city verification.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market67

Property Features for 660 NE 86th Street

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Unimproved Land
Zoning TR-5

Taxes and HOA fees

Annual Taxes $17,766
Listing Agency: Vylla Home
Listed By: Danielle Blanc · License #3251833
Source: Silverleafrealtygroup
Added: Jul 4 Changed: Sep 8 Last Checked: Aug 12 at 4:03AM

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 Vylla Home

Investment Insights

Based on property information with market context.

This offering presents an interior development lot totaling 10,980 square feet. The property is zoned TR-5, which the seller states allows for multifamily or mixed-use development. The site size and zoning provide the practical framework to explore residential configurations such as multifamily units and townhomes, as well as mixed-use concepts, subject to verification with the City of Miami.

The location is positioned in the Upper East Side corridor of Miami, described as an area undergoing continued revitalization with nearby new construction, redevelopment projects, retail, and access to major thoroughfares. The remarks also indicate convenient proximity to Biscayne Blvd, Midtown Miami, the Design District, Wynwood, and Miami Beach, supporting a tenant and buyer base tied to the broader surrounding growth.

For developers, investors, and buyers looking for a flexible site in a dynamic urban corridor, this lot’s TR-5 zoning is the key factor. The property can serve as a land component for planning multifamily or mixed-use outcomes, with the specific allowable uses, densities, and design requirements to be confirmed with the local permitting authority before proceeding.

Key Highlights

  • 10,980 sq ft interior lot
  • Zoned TR‑5, allowing for multifamily or mixed‑use development (buyer to verify with city)
  • Located in Miami’s Upper East Side corridor amid ongoing new construction and redevelopment

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Nursing Home Electrical Service Tanning Salon

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

2,224
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Interior lot zoned TR-5, offering flexibility for multifamily or mixed-use concepts pending city verification.
Where is this residential land & home lot located?
The property is located at 660 NE 86th Street Miami, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 10,980 sq ft interior lot; Zoned TR‑5, allowing for multifamily or mixed‑use development (buyer to verify with city); Located in Miami’s Upper East Side corridor amid ongoing new construction and redevelopment
More about this property
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