Land in Miami, FL 33135
Carolina Heights, 2939 SW 5th St

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$1,000,000

Estimate Payment $5,845 Closing Costs

Beds

0.23

Acre

$4,347,826

$/Acre

Located on an oversized 10,023 SF corner lot in Little Havana, this T3-O zoned property presents a compelling land opportunity in one of Miami's rapidly evolving neighborhoods. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (ADU) development, while the surrounding mix of higher-density and multi-family projects encourages buyers to explore future rezoning potential. The expansive corner parcel offers exceptional flexibility for redevelopment, investment, or the creation of a custom residential project. The existing property includes a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, providing approximately 1,555 SF of living area (1,617 SF total). The improvements offer the flexibility to generate rental income or occupy the property while future plans are developed. Just minutes from Calle Ocho, Coral Gables, Downtown Miami, Brickell, and SR-836, the location combines outstanding accessibility with long-term growth potential.

MLS Number: A12048568

On Site: 95 Days

Updated: 2 Days ago

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Property SqFt: 10023
Remarks: Located on an oversized 10, 023 SF corner lot in Little Havana, this T3-O zoned property presents a compelling land opportunity in one of Miami's rapidly evolving neighborhoods. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (ADU) development, while the surrounding mix of higher-density and multi-family projects encourages buyers to explore future rezoning potential. The expansive corner parcel offers exceptional flexibility for redevelopment, investment, or the creation of a custom residential project. The existing property includes a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, providing approximately 1, 555 SF of living area (1, 617 SF total). The improvements offer the flexibility to generate rental income or occupy the property while future plans are developed. Just minutes from Calle Ocho, Coral Gables, Downtown Miami, Brickell, and SR-836, the location combines outstanding accessibility with long-term growth potential.
Internet Remarks: Located on an oversized 10, 023 SF corner lot in Little Havana, this T3-O zoned property presents a compelling land opportunity in one of Miami's rapidly evolving neighborhoods. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (ADU) development, while the surrounding mix of higher-density and multi-family projects encourages buyers to explore future rezoning potential. The expansive corner parcel offers exceptional flexibility for redevelopment, investment, or the creation of a custom residential project. The existing property includes a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, providing approximately 1, 555 SF of living area (1, 617 SF total). The improvements offer the flexibility to generate rental income or occupy the property while future plans are developed. Just minutes from Calle Ocho, Coral Gables, Downtown Miami, Brickell, and SR-836, the location combines outstanding accessibility with long-term growth potential.
Waterfront: No info
Directions: Southeast
Days on Market: 93
Compass Point: SW
Office Name: Compass Florida, LLC.
Area: 10023
Taxes: 9467
Tax Year: 2025
Listing Date: 2026-07-06T17:14:38.000-00:00
Lot Size Square Feet: 10023