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$790,000
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Property Description
T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroads 6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more. Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units. Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11,500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.
Full Property Details
Full Property Details for 5434 NE Miami Ct
General
- Price: $790,000
- Taxes: $6,761 (2024)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11991524
- Updated: 5/1/2026
- Added to Site: 61 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
5/01/2026
Price Reduced
$790,000
-10.23%
MLS
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
2024
$6,761
—
$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 $790,000 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.

