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$499,000
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Property Description
Exceptional opportunity to acquire a vacant lot located in one of Miami's fastest-growing and most promising areas. This property offers outstanding potential for investors, developers, or buyers looking to secure land in a high-demand location with strong future appreciation. Conveniently located near the Design District, Wynwood, Midtown, Downtown Miami, and major highways, the property sits in a strategic area experiencing significant growth and redevelopment. A major investment highlight is its proximity to the highly anticipated Magic City Innovation District in Little Haiti, a transformative mixed-use development expected to bring new residential, retail, office, hospitality, and technology spaces to the area. This project is helping drive economic growth, increased demand, and rising property values throughout the neighborhood, making this location especially attractive for future investment opportunities. Whether for development or long-term holding, this vacant lot presents exceptional potential in one of Miami's evolving investment corridors.
Full Property Details
Full Property Details for 5650 N Miami Ave
General
- Price: $499,000
- Taxes: $6,233 (2025)
- Status: Active
- Type: Lots/Land
- Source: Greater_Miami
- MLS ID: A12032850
- Updated: 7/6/2026
- Added to Site: 85 day(s) ago
Location
- Area: Miami Ave Sub
- County: Miami-Dade County
- Subdivision: MIAMI AVE SUB
- Building Name: MIAMI AVE SUB
- Direction Faces: East
Community
- Community Name: Miami Ave Sub
Structural Information
- Structure Type: Other
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,670
- Lot Features: No Misc/Improvements
- Development Status: Undeveloped
- Trees/Vegetation: Other Trees, Partially Wooded
- Zoning: 3900
Financial Considerations
- Tax Amount: $6,233
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: MIAMI AVE SUB PB 11-13 LOT 14 LESS E10FT FOR ST LOT SIZE 45.000 X 126 OR 11937-1885 1083 1
- Property ID: 01-31-13-054-0120
Listed by Florida Realty of Miami Corp
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Schools
Schools serving 5650 N Miami Ave
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 | 0.6 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 5650 N Miami Ave
Date
Details
Price
Change
Source
7/06/2026
Price Reduced
$499,000
-4.95%
MLS
6/08/2026
Listed
$525,000
32.91%
MLS
3/17/2026
Sold
$395,000
—
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 5650 N Miami Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,233
10%
$311,850
10%
2024
$5,679
40%
$283,500
—
2023
$4,050
34%
$283,500
67%
2021
$3,019
-8%
$170,100
-14%
2022
$3,287
9%
$198,450
40%
2021
$3,019
-40%
$141,750
-20%
2019
$4,999
11%
$176,641
10%
2018
$4,503
-1%
$160,583
—
2017
$4,542
39%
$160,583
92%
2016
$3,256
8%
$83,794
10%
2015
$3,006
8%
$76,177
10%
2014
$2,790
9%
$69,252
10%
2013
$2,566
—
$62,957
—
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 5650 N Miami Ave
5650 N Miami Ave, Miami, FL 33127 (MLS# A12032850) is a Lots/Land property with a lot size of 0.13 acres. 5650 N Miami Ave is currently listed for $499,000 and was received on June 08, 2026. Want to learn more about 5650 N Miami Ave? Do you have questions about finding other Lots/Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

