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$995,000
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Property Description
Prime Development Opportunity in Miami's Urban Core! Exceptional 6,650 sq. ft. commercial parcel (50' x 133') perfectly positioned along 54th Street, offering outstanding visibility in one of Miami's fastest-growing corridors. The property currently features a duplex structure, but the true value lies in the land, ideal for redevelopment to maximize long-term income potential. Zoned for multi-family use, the seller currently has plans available for a 9-unit residential development, presenting an incredible opportunity for investors and builders alike. A central location just minutes from Wynwood, Midtown, the Design District, and major highways, ensuring strong demand and convenience for future tenants or buyers.
Full Property Details
Full Property Details for 279 NW 54th St
General
- Price: $995,000
- Taxes: $10,377 (2024)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11901421
- Updated: 10/29/2025
- Added to Site: 82 day(s) ago
Rental Information
- Approvals: Unapproved
Location
- Area: Railroad Shops Inter Scho
- County: Miami-Dade County
- Subdivision: RAILROAD SHOPS INTER SCHO
- Building Name: RAILROAD SHOPS INTER SCHO
- Driving Directions: Google maps or other GPS
Community
- Community Name: Railroad Shops Inter Scho
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Phone Available, Sewer Available, Water Available
Structural Information
- Structure Type: Commercial
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units), Other Usage, Income (Other)
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,650
- Lot Dimensions: 50 x 133
- Frontage Feet: 50
- Lot Features: City Location, Urban Area Development, Regular Lot
- Potential Use: Open Land, Urban Commercial
- Zoning: 6101
Financial Considerations
- Tax Amount: $10,377
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Special Conditions: Short Sale
- Legal Description: RAILROAD SHOPS INTER SCH TR PB 3-192 LOT 15 LESS S10FT ST BLK 4 LOT SIZE 50.000 X 133 OR 12109-1153 0384 1
- Property ID: 01-31-13-048-0730
Listed by United Realty Group Inc.
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Schools
Schools serving 279 NW 54th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.5 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.4 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 279 NW 54th St
Date
Details
Price
Change
Source
10/27/2025
Listed
$995,000
60.48%
MLS
4/10/2024
Sold
$620,000
—
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 279 NW 54th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,377
-2%
$480,041
—
2023
$10,628
112%
$480,041
43%
2021
$5,021
-44%
$335,280
-17%
2022
$9,043
80%
$401,780
49%
2021
$5,021
18%
$268,780
142%
2019
$4,256
28%
$110,927
10%
2018
$3,331
3%
$100,843
-40%
2017
$3,243
1%
$169,030
103%
2016
$3,206
31%
$83,342
10%
2015
$2,445
-12%
$75,766
-14%
2014
$2,766
—
$88,461
—
2013
$2,764
—
$88,461
—
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 279 NW 54th St
279 NW 54th St, Miami, FL 33127 (MLS# A11901421) is a Commercial Land property with a lot size of 0.16 acres. 279 NW 54th St is currently listed for $995,000 and was received on October 27, 2025. Want to learn more about 279 NW 54th St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

