7715 NE 5th Avenue, Miami, FL 33138
- $1,160,000
- 2,346
- SqFt
- Sold Price
- $1,160,000
- List Price
- $1,499,000
- Closing Date
- Jul 10, 2026
- MLS#
- A11959487
- Sq. Ft
- 2,346
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Federal Way Amd
- Region
- 2320
- Year Built
- 1937
Property Description
Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor — one of Miami’s most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand — a combination that’s increasingly difficult to find at this price point.Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.
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Additional Information
- Heating
- Other
- Cooling
- Other
- Roof
- Other
- Sewer
- Public Sewer
- Parking Spaces
- 3
- Flooring
- Tile
- Construction
- Block
- Living Area
- 2,346
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
Listing courtesy of Biscayne Real Estate Group Inc. Contact:
Selling Office: Biscayne Real Estate Group Inc.