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5718 NW 1st Pl
Land
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$620,000

5718 NW 1st Pl, Miami

0 bd·0 ba·0 sqft
7,802 sqft lotEdison

5718 NW 1st Pl, Miami, FL

0 bd · 0 ba · 0 sqft Land listed at $620,000 in the Edison neighborhood.

About this home

SHOVEL-READY. PERMITS APPROVED. BUILD NOW. Rare 7,800 SF development opportunity in the heart of Little Haiti / Buena Vista, delivered with fully approved plans and permits for a striking modern two-story duplex. Skip the 12-24 month entitlement process and break ground immediately on the approved project offering approximately 3,821 total interior SF - Unit A +/-1,910 SF and Unit B +/-1,911 SF. Each residence is designed with 3 bedrooms, open-concept living and dining areas, contemporary kitchens, curated modern finishes, private outdoor space, and dedicated parking. Surrounded by new construction in one of Miami's fastest-growing redevelopment corridors, this is a rare chance to accelerate your timeline, minimize carry costs, and maximize resale or rental upside.

Property details

Price
$620,000
Bedrooms
0
Bathrooms
0
Lot size
7,802 sqft
Type
Land
Days on market
59
Est. property tax
$5,332/yr · $444/mo · 0.86% FL avg
Last sold
$320,000 · Aug 2023

Estimated monthly payment

Down payment20% ($124,000)
Interest rate6.75%
Principal & Interest$3,217
Property Tax$568
Insurance$150
Total$3,935/mo

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Price history

$679K$325K$-29K$30K on Apr 82 (Sold)$190K on May 21 (Sold)$399K on Sep 22 (Initial list)$389K on Nov 22 (Price change)$369K on Dec 22 (Initial list)$339K on May 23 (Price change)$320K on Aug 23 (Sold)$620K on Feb 26 (Initial list)
$30K · Apr 82$620K · Feb 26
  1. Feb 25, 2026$620,000Initial list price
  2. Aug 1, 2023$320,000Sold
  3. May 17, 2023$339,000Price change
  4. Dec 29, 2022$369,000Initial list price
  5. Nov 29, 2022$389,000Price change
  6. Sep 10, 2022$399,000Initial list price
  7. May 20, 2021$190,000Sold
  8. Apr 1, 1982$30,000Sold

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.

Home Intelligence

Neighborhood (zip 33127)

This neighborhood is primarily renter-occupied (29% owner-occupied). Median age is 36.0; 9% hold a bachelor's degree; median household income is $39,690.

Median income
$39,690
Median age
36.0
Owner-occupied
29.2%
Bachelor's degree
9.2%
Census median home value
$346,000

Source: US Census Bureau American Community Survey 5-year estimates.

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