About this home

Prime development opportunity in the heart of Miami's rapidly growing Upper East Side corridor. This +/-10,980 sq ft interior lot is zoned TR-5, allowing for multifamily or mixed-use development, making it ideal for developers and investors seeking strong upside potential. Located in a highly desirable area surrounded by new construction, redevelopment projects, retail, and major thoroughfares. Convenient access to Biscayne Blvd, Midtown Miami, Design District, Wynwood, and Miami Beach enhances long-term investment value and rental demand. The generous lot size and favorable zoning provide flexibility for multifamily units, townhomes, or mixed-use concepts (buyer to verify with city). Rare opportunity to secure land in an area experiencing continued revitalization and appreciation.

Property details

Price: $995,000
Bedrooms: 0
Bathrooms: 0
Lot size: 10,890 sqft
Type: Land
Days on market: 32
Est. property tax: $8,557/yr · $713/mo · 0.86% FL avg
Last sold: $58,000 · May 2001

Virtual tour

Estimated monthly payment

Down payment20% ($199,000)

Interest rate6.75%

Principal & Interest$5,163

Property Tax$912

Insurance$150

Total$6,225/mo

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Price history

$27K · Jan 88$995K · Mar 26

Mar 25, 2026$995,000Initial list price
May 18, 2001$58,000Sold
Oct 25, 1999$35,000Sold
Jun 30, 1999$33,700Sold
Jan 3, 1996$60,000Sold
Apr 28, 1995$35,000Sold
Jan 1, 1988$27,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.