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$1,350,000
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Property Description
Prime development opportunity in the heart of Miami's Design District. This offering consists of two adjacent 5,000 SF lots (separate folios) being sold together, totaling 10,000 SF. The property presents a unique opportunity for developers, investors, or end-users to create one or two luxury residences in one of Miami's most sought-after neighborhoods. Thoughtfully designed plans currently in the final stages of City review for a luxury 4-bedroom, 4.5-bath residence featuring an in-law suite and private pool, providing a valuable head start in the development process while preserving flexibility for customization. Ideally located just blocks from the Design District, Wynwood, and Midtown, with convenient access to world-class dining, shopping, and entertainment.
Full Property Details
Full Property Details for 158-160 NW 39th St
General
- Price: $1,350,000
- Taxes: $16,617 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A12038650
- Updated: 6/27/2026
- Added to Site: 14 day(s) ago
Location
- Area: Princess Park
- County: Miami-Dade County
- Subdivision: PRINCESS PARK
- Building Name: PRINCESS PARK
- Direction Faces: North
Community
- Community Name: Princess Park
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
- Utility Description: Underground Utilities
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Check Land Use Plan
Additional Structures
- Other Structures: Other Bldg Incl
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Street/Road Desc.: Paved
- Lot Features: City Location, Less Than 1/4 Acre Lot, Build To Suit, Fenced
- Development Status: Other
- Trees/Vegetation: Other Trees
- Zoning: 104
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $16,617
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Legal Description: PRINCESS PARK PB 6-87 LOT 7 & 8 BLK 5
- Property ID: 01-31-24-021-0835
Listed by Colonial Investment Properties LLC
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Price & Sales History for 158-160 NW 39th St
Date
Details
Price
Change
Source
6/17/2026
Listed
$1,350,000
22.73%
MLS
5/16/2023
Sold
$1,100,000
—
Public Record
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
Tax History for 158-160 NW 39th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,310
—
$847,001
—
2024
$17,359
1361%
$847,542
944%
2023
$1,188
12%
$81,167
14%
2021
$1,059
-7%
$71,126
-10%
2022
$1,139
8%
$78,803
12%
2021
$1,059
1%
$70,144
2%
2019
$1,046
3%
$68,567
2%
2018
$1,020
—
$67,289
2%
2017
$1,021
-1%
$65,905
2%
2016
$1,032
-1%
$64,550
1%
2015
$1,043
-1%
$64,102
1%
2014
$1,055
1%
$63,594
1%
2013
$1,047
—
$62,655
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 158-160 NW 39th St
158-160 NW 39th St, Miami, FL 33127 (MLS# A12038650) is a Land Residential property with a lot size of 0.23 acres. 158-160 NW 39th St is currently listed for $1,350,000 and was received on June 17, 2026. Want to learn more about 158-160 NW 39th St? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

