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$825,000
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Property Description
PRIME LITTLE RIVER/LITTLE HAITI REDEVELOPMENT OPPORTUNITY! Rare 6,650 SF development site with 50' of frontage directly on NW 54th Street with 17,200 Average Daily Traffic in one of Miami's fastest-evolving corridors. Located near Magic City Innovation District and Design District, and minutes from Allapattah, Wynwood, Midtown, MiMo and the Beaches, with easy access to I-95 and Biscayne Blvd. T5-O Miami 21 zoning offers flexible potential for multifamily (city will allow 9 units; 5 stories with ground floor under-parking, per Seller), commercial, lodging and mixed-use development. Currently situated with a vacant, uninhabitable non income-producing duplex with abundant parking (currently with an offsite parking tenant), offering additional value-add or holding potential while planning future redevelopment. A compelling opportunity to develop, reposition or generate income while benefiting from the continued growth of this dynamic Miami location.
Full Property Details
Full Property Details for 279 NW 54th St
General
- Price: $825,000
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12085823
- Updated: 9/11/2026
- Added to Site: 26 day(s) ago
Business
- Business Type: Commercial/Residential Income
Location
- County: Miami-Dade County
Structural Information
- Structure Type: Free Standing
- Detached/Attached: Detached
- Building Size: 1056
- Year Built: 1939
Lot Features
- Lot Size (Sq. Ft.): 6,650
- Lot Features: Central Business District, City Location
- Zoning: 6101
Financial Considerations
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: 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
- Inclusions: Building & Land
- Property ID: 01-31-13-048-0730
Listed by Graber Realty Group LLC
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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 ATTOM Data Solutions 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
9/09/2026
Listed
$825,000
33.06%
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
2025
$13,328
28%
$628,792
31%
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# A12085823) is a Commercial Multi-Family property. 279 NW 54th St is currently listed for $825,000 and was received on September 09, 2026. Want to learn more about 279 NW 54th St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

