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$700,000

  • For Sale
  • Active
  • Lots/Land
  • 0.172 Acres
  • Updated 3 days ago
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Exceptional development opportunity in the heart of Miami. This 7,500 SF vacant lot is ideally positioned in the vibrant Little Havana area, just blocks from Calle Ocho and minutes from Brickell, Downtown Miami and Coral Gables. T4-L zoning allowing multifamily development and up to three stories, the property presents an exciting opportunity for a developer, builder or investor looking to capitalize on one of Miami's most centrally located urban neighborhoods. Convenient access to SW 8th Street, major thoroughfares, employment centers, dining, entertainment and Miami's urban core. A rare opportunity to acquire a vacant development site surrounded by some of the city's most dynamic neighborhoods. Buyer to independently verify current zoning, density, permitted uses and development potential with the City of Miami.

Full Property Details for 1324 SW 5th St

General

  • Price: $700,000
  • Taxes: $13,034 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: Greater_Miami
  • MLS ID: A12071540
  • Updated: 8/15/2026
  • Added to Site: 22 day(s) ago

Location

  • Area: Lawrence Estates Land Cos
  • County: Miami-Dade County
  • Subdivision: LAWRENCE ESTATES LAND COS
  • Building Name: LAWRENCE ESTATES LAND COS
  • Direction Faces: North

Community

  • Community Name: Lawrence Estates Land Cos

Structural Information

  • Structure Type: Other
  • Detached/Attached: Detached
  • Current Bldg. Use: Multi-Family, Other Usage, Unused

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.172
  • Lot Size (Sq. Ft.): 7,500
  • Lot Features: No Misc/Improvements
  • Development Status: Undeveloped
  • Trees/Vegetation: Other Trees
  • Zoning: 3901

Financial Considerations

  • Tax Amount: $13,034
  • Tax Year: 2025
  • Terms: All Cash

Disclosures and Reports

  • Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 3 BLK 97 LOT SIZE 7500 SQUARE FEET OR 20930-0776 1202 4 COC 24205-4572 01 2006 4
  • Property ID: 01-41-02-006-5280

Listed by Luxe Properties

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Listing agents

— 1324 SW 5th St —

  • Luxe Properties

  • Luxe Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1324 SW 5th St

School District:Dade County School District
NameGradesDistance
Riverside Elementary Community School
1190 Southwest 2nd Street, Miami, FL 33130
PK-50.3 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.7 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1324 SW 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Listed
$700,000
11.11%
MLS
11/19/2024
Sold
$630,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1324 SW 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,243
20%
$562,500
7%
2024
$9,365
10%
$525,000
17%
2023
$8,548
17%
$450,000
20%
2021
$7,327
-3%
$375,000
—
2022
$7,562
3%
$375,000
25%
2021
$7,327
14%
$300,000
—
2019
$6,404
2%
$300,000
—
2018
$6,284
77%
$300,000
14%
2017
$3,550
20%
$262,500
139%
2016
$2,965
14%
$109,807
10%
2015
$2,602
14%
$99,825
10%
2014
$2,291
22%
$90,750
10%
2013
$1,881
—
$82,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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1324 SW 5th St, Miami, FL 33135 (MLS# A12071540) is a Lots/Land property with a lot size of 0.172 acres. 1324 SW 5th St is currently listed for $700,000 and was received on August 14, 2026. Want to learn more about 1324 SW 5th St? Do you have questions about finding other Lots/Land real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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