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$880,000
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Property Description
$88K/unit | $46/SF Buildable | Fully Approved - Start Building Tomorrow" Price Reduced | Shovel-Ready 10-Unit Development Site | $880,000 Vacant development site with fully approved plans and permits for a 10-unit multifamily project, ideally located on NE Miami Ct within the Biscayne Corridor. Recently reduced from $970,000 to $880,000, the offering presents a compelling ~$88,000 per unit and ~$46/SF buildable (19,100 buildable SF)-providing an attractive basis relative to comparable approved sites. All approvals are in place, allowing a buyer to begin construction immediately, eliminating entitlement risk, avoiding costly delays, and accelerating time to market. Ownership is open to serious offers and will consider seller financing, creating additional flexibility for investors looking to optimize leverage and returns. Located just minutes from the Miami Design District, Wynwood, and the transformative Magic City Innovation District, the property benefits from strong rental demand, ongoing development activity, and long-term appreciation upside. This is a true plug-and-play development opportunity for developers and investors seeking to deploy capital efficiently in one of Miami's most active growth corridors.
Full Property Details
Full Property Details for 5434 NE Miami Ct
General
- Price: $880,000
- Taxes: $6,761 (2024)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11991524
- Updated: 3/31/2026
- Added to Site: 12 day(s) ago
Location
- Area: Commercial Center
- County: Miami-Dade County
- Subdivision: COMMERCIAL CENTER
- Building Name: COMMERCIAL CENTER
Community
- Community Name: Commercial Center
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Water Connected, Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,750
- Lot Dimensions: 67 x 100
- Frontage Feet: 67
- Street/Road Desc.: Paved
- Lot Features: Corner Lot, Less Than 1 Acre, Cleared Land
- Potential Use: Central Urban, Urban Commercial
- Zoning: 6101
Financial Considerations
- Tax Amount: $6,761
- Tax Year: 2024
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Legal Description: COMMERCIAL CENTER PB 16-50 POR OF LOTS 1 & 2 - BEG NE COR LOT 1 S50FT W52.50FT NWLY20.86FT NELY ALG CC 43.78FT E31.26FT TO POB & ALL LOTS 19
- Property ID: 01-31-13-032-0130
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 5434 NE Miami Ct
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.5 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.7 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 5434 NE Miami Ct
Date
Details
Price
Change
Source
3/23/2026
Listed
$880,000
110.53%
MLS
11/12/2021
Sold
$418,000
—
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 5434 NE Miami Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,420
10%
$371,250
10%
2024
$6,761
-3%
$337,500
—
2023
$6,938
37%
$337,500
25%
2021
$5,064
-27%
$270,000
-20%
2022
$6,958
37%
$337,500
67%
2021
$5,064
11%
$202,500
9%
2019
$4,566
29%
$185,625
10%
2018
$3,535
66%
$168,750
—
2017
$2,129
61%
$168,750
178%
2016
$1,326
150%
$60,750
301%
2015
$530
45%
$15,158
10%
2014
$365
29%
$13,780
10%
2013
$284
—
$12,528
—
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 5434 NE Miami Ct
5434 NE Miami Ct, Miami, FL 33137 (MLS# A11991524) is a Commercial Land property with a lot size of 0.14 acres. 5434 NE Miami Ct is currently listed for $880,000 and was received on March 23, 2026. Want to learn more about 5434 NE Miami Ct? 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.

