7715 NE 5th Ave, Miami, FL 33138

$1,499,000
  • 7715 NE 5th Ave, Miami, FL 33138 Main Photo

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Pending
BEDS0 BATHS SQUARE FEET2,346 MLS#A11959487
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFEDERAL WAY AMD

Property Description

Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor ? one of Miamis most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand ? a combination thats increasingly difficult to find at this price point.Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.

7715 NE 5th Ave | MLS# A11959487

This multi-family property located at 7715 NE 5th Ave, Miami, FL 33138 is currently listed for sale with an asking price of $1,499,000. Search Miami real estate on www.homebyshapi.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Home Style: Detached, Ranch
Roof Type: Other
Stories: 1.0
Taxes: $14,217
Year Built: 1937

Feature Descriptions

Crops Included Y/N: No
Days on Site: 102
Exterior: CBS Construction
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 01-32-07-040-0290
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Water Features: Canal Front, Fixed Bridge(S), Ocean Access, One Fixed Bridge

Listed By / Shown By

Listed By

Agency Name: Biscayne Real Estate Group Inc
Agency Phone: 305-401-5747

Shown By

Agent Name: Shapi Moshksaran
Agent Phone: Cell: (813) 500-1454
Agency Title: Realty 100

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Estimated Payment

$ 4,958.08 per month $3,336.12 Principal & Interest $1,184.75 Property Tax $437.21 Homeowner's Insurance

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