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$695,000
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Property Description
Strategic development opportunity located in the Overtown submarket of the City of Miami, an area experiencing sustained public and private investment, infrastructure upgrades, and continued urban revitalization. This vacant parcel consists of approximately 6,000 square feet and is zoned T-3-O, allowing for low- to moderate-density residential development, including single-family residences, duplexes, townhomes, or small multifamily projects, subject to municipal approvals. The property benefits from close proximity to Downtown Miami, major employment centers, cultural corridors, and key transportation routes, positioning it favorably for residential demand and long-term value creation. The lot's size, shape, and generally flat topography support efficient site planning and flexible architectural design options. This offering presents a compelling opportunity for builders and developers seeking to secure well-located land in a supply-constrained urban market with strong redevelopment momentum and long-term appreciation potential. Owner is highly motivated and open to serious offers. Owner financing available, providing additional flexibility to structure the acquisition and optimize capital deployment. Buyer to independently verify zoning, permitted uses, and development parameters with the City of Miami prior to closing.
Full Property Details
Full Property Details for MLS# A11958425
General
- Price: $695,000
- Taxes: $7,385 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11958425
- Updated: 2/12/2026
- Added to Site: 13 day(s) ago
Location
- Area: Waddells
- County: Miami-Dade County
- Subdivision: WADDELLS
- Building Name: WADDELLS
- Direction Faces: Northwest
Community
- Community Name: Waddells
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Zoned Duplex, Check Land Use Plan, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,360
- Lot Features: Build To Suit, Cleared, Other, Septic
- Development Status: Recorded Plat, Undeveloped
- Trees/Vegetation: No Trees, Other Trees
- Zoning: 5700
Financial Considerations
- Tax Amount: $7,385
- Tax Year: 2025
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Legal Description: WADDELLS RESUB PB B-53 LOT 10 BLK 27 & W1/2 OF ALLEY LYG E & ADJ CLOSED PER ORD 13492 LOT SIZE 6360 SQ FT M/L
- Property ID: 01-31-25-048-1070
Listed by Guillen
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Price & Sales History for MLS# A11958425
Date
Details
Price
Change
Source
2/03/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales 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 MLS# A11958425
MLS# A11958425, Miami, FL 33135 (MLS# A11958425) is a Land Residential property with a lot size of 0.14 acres. MLS# A11958425 is currently listed for $695,000 and was received on February 03, 2026. Want to learn more about MLS# A11958425? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

