1568 5th Street, Miami, FL 33135

$550,000 — Active

Property Features

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Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.

Property Details

  • Listing ID: A12022548
  • Status: Active
  • Listing Date: 2026-05-20
  • Property Type: Unimproved Land
  • Subdivision: LAWRENCE ESTATES LAND COS
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 5000

Financial

  • List Price: $550,000
  • HOA Fee: None
  • Taxes: $8,103/yr

Features & Amenities

Courtesy of Fausto Commercial Realty Consultants Inc
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© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.