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5434 NE Miami Ct
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$880,000

5434 NE Miami Ct, Miami

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0 bd·0 ba·0 sqft
6,098 sqft lotCreole District

5434 NE Miami Ct, Miami, FL

0 bd · 0 ba · 0 sqft Land listed at $880,000 in the Creole District neighborhood.

About this home

$88K/unit | $46/SF Buildable | Fully Approved - Start Building Tomorrow" Price Reduced | Shovel-Ready 10-Unit Development Site | $880,000 Vacant development site with fully approved plans and permits for a 10-unit multifamily project, ideally located on NE Miami Ct within the Biscayne Corridor. Recently reduced from $970,000 to $880,000, the offering presents a compelling ~$88,000 per unit and ~$46/SF buildable (19,100 buildable SF)-providing an attractive basis relative to comparable approved sites. All approvals are in place, allowing a buyer to begin construction immediately, eliminating entitlement risk, avoiding costly delays, and accelerating time to market. Ownership is open to serious offers and will consider seller financing, creating additional flexibility for investors looking to optimize leverage and returns. Located just minutes from the Miami Design District, Wynwood, and the transformative Magic City Innovation District, the property benefits from strong rental demand, ongoing development activity, and long-term appreciation upside. This is a true plug-and-play development opportunity for developers and investors seeking to deploy capital efficiently in one of Miami's most active growth corridors.

Property details

Price
$880,000
Bedrooms
0
Bathrooms
0
Lot size
6,098 sqft
Type
Land
Days on market
26
Est. property tax
$7,568/yr · $631/mo · 0.86% FL avg
Last sold
$418,000 · Nov 2021
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Estimated monthly payment

Down payment20% ($176,000)
Interest rate6.75%
Principal & Interest$4,566
Property Tax$807
Insurance$150
Total$5,523/mo

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Price history

$1.10M$501K$-98K$143K on Oct 03 (Sold)$130K on Nov 15 (Sold)$2K on Sep 20 (Price change)$2K on Nov 20 (Price change)$449K on Jan 21 (Initial list)$2K on Feb 21 (Price change)$2K on May 21 (Price change)$418K on Nov 21 (Sold)$1M on Sep 23 (Initial list)$950K on Nov 23 (Price change)$920K on Apr 24 (Price change)$920K on Nov 24 (Relisted)$980K on Oct 25 (Initial list)$970K on Jan 26 (Price change)$880K on Mar 26 (Initial list)
$143K · Oct 03$880K · Mar 26
  1. Mar 30, 2026$880,000Initial list price
  2. Jan 31, 2026$970,000Price change
  3. Oct 17, 2025$980,000Initial list price
  4. Nov 22, 2024$920,000Relisted
  5. Apr 25, 2024$920,000Price change
  6. Nov 14, 2023$950,000Price change
  7. Sep 3, 2023$1,000,000Initial list price
  8. Nov 12, 2021$418,000Sold
  9. May 17, 2021$2,000Price change
  10. Feb 28, 2021$2,000Price change
  11. Jan 19, 2021$449,000Initial list price
  12. Nov 21, 2020$2,000Price change
  13. Sep 12, 2020$2,000Price change
  14. Nov 5, 2015$130,000Sold
  15. Oct 8, 2003$143,000Sold

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.

Location

Map of 5434 NE Miami Ct, Miami
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Home Intelligence

Neighborhood (zip 33137)

This neighborhood is primarily renter-occupied (26% owner-occupied). Median age is 34.3; 28% hold a bachelor's degree; median household income is $71,348.

Median income
$71,348
Median age
34.3
Owner-occupied
26.3%
Bachelor's degree
28.3%
Census median home value
$462,200

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

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