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Counties
Commercial Center, 5434 NE Miami Ct
$650,000
0.16
AcreStatus
Active
Size
0.16 Acres (627 m2)
Price
$4,062,500/Acre ($1,037/m2)
Type
Land
MLS Number
A11991524
On Site
87 Days
Updated
3 Days ago
Page Views
0
T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroadsPRICED TO MOVE!6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more... Read more
Features
All features
- Current Use: MultiFamily, Unimproved
- Approx SqFt Total Area: 6750
- Property SqFt: 6750
- Remarks: T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroadsPRICED TO MOVE!6, 750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more.Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units.Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11, 500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.
- Internet Remarks: T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroadsPRICED TO MOVE!6, 750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more.Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units.Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11, 500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.
- Waterfront: No info
- Days on Market: 91
- Compass Point: NE
- Office Name: Fausto Commercial Realty Consultants Inc
- Taxes: 6761
- Tax Year: 2024
- Listing Date: 2026-03-30T19:09:33.000-00:00
- Lot Size Square Feet: 6750
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
06/19/2026
Listed
$650K
$96 ft2
$1,037 m2
06/19/2026
$650K
Event
Listed
Price Per
$96 ft2
$1,037 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Benjamin Kunzle • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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Community Snapshot
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Bedrooms
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Price Tier
2,139 - 2,982
SqFt Range
1955
Year Build
N/A
Total Floors
N/A
Total Units
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Total Sales
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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